Relative Frequency Is Defined as the

question 48

Multiple Choice

Relative frequency is defined as the

• A)number of times a given score occurs in a sample.
• B)proportion of the N that is made up by the score's simple frequency.
• C)frequency of all scores at or below a score.
• D)total number of scores divided by the frequency of a given score.

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Definitions:

Ordinary Income

Income earned from standard operations of business or through wages, as opposed to capital gains or dividend income.

Interest Income

Earnings received from various types of investments like savings accounts, CDs, and bonds.

Acctrecv.

Short for "accounts receivable," this term denotes money owed to a company by its customers for goods or services delivered but not yet paid for.

Mortgage

A loan secured by the collateral of specified real estate property that the borrower is obliged to pay back with a predetermined set of payments.