Which Column in a Frequency Distribution Table Is an Indicator

question 32

Multiple Choice

Which column in a frequency distribution table is an indicator of which percentile each of the possible values falls in?

• A) Frequency
• B) Relative cumulative frequency
• C) Cumulative frequency
• D) Relative frequency

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Definitions:

Resource Requirements Planning (RRP)

The process of determining the resources (materials, labor, and machinery) required to meet production goals within a specified time frame.

Long-Run

A period of time sufficient for all factors of production, including physical capital, to be adjusted or for the full effects of economic decisions to be realized.

Form Utility

The value added to goods through the production process, transforming raw materials into finished products that are more valuable to consumers.