A Tabular Summary of a Set of Data Showing the Fraction

question 14

Multiple Choice

A tabular summary of a set of data showing the fraction of the total number of items in several nonoverlapping classes is a

• A)frequency distribution.
• B)relative frequency distribution.
• C)frequency.
• D)cumulative frequency distribution.

---

Definitions:

Profit Margin

The ratio of net income to revenue, indicating how much profit is made on average from sales.

Authority

The authority or capability to issue commands, make choices, and ensure compliance.

Decision

The act or process of choosing a particular action among various alternatives based on the expected outcomes.

Residual Income

The income that remains after deducting all costs, expenses, and taxes from total revenues.