How Does an Ogive Differ from a Polygon

question 84

Multiple Choice

How does an ogive differ from a polygon?

• A) An ogive is used for qualitative data, while a polygon is used for quantitative data.
• B) An ogive is used for quantitative data, while a polygon is used for qualitative data.
• C) An ogive is a graphical depiction of a frequency or relative distribution, while a polygon is a graphical depiction of a cumulative frequency or cumulative relative frequency distribution.
• D) An ogive is a graphical depiction of a cumulative frequency or cumulative relative frequency distribution, while a polygon is a graphical depiction of a frequency or relative frequency distribution.

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Definitions:

Metrics Development

The process of identifying, creating, and implementing measures that accurately assess the performance and efficiency of various business operations.

EBIT

Earnings Before Interest and Taxes, a measure of a company's profitability that excludes interest and income tax expenses.

Operating Cost

Refers to the ongoing expenses associated with the day-to-day operations of a business, including costs for rent, utilities, payroll, and raw materials.

Revenue-Cost Savings Connection

The relationship between an organization’s efforts to reduce costs and how these efforts impact its revenue, emphasizing efficiency.