After Reviewing Past History, You Have Assembled the Following Table

question 34

Multiple Choice

After reviewing past history, you have assembled the following table showing the frequency of certain levels of sales over the past 40 months. If the largest random number used to represent sales of 300 units is 1.00, what will be the smallest number used to represent sales of 300 units?
$$\begin{array} { | c | r | l | } \hline \text { Sales (units) } & \text { Frequency } & \text { Corregonding Randam Numbers } \\\hline 100 & 12 & \\\hline 150 & 6 & \\\hline 200 & 8 & \\\hline 250 & 4 & \\\hline 300 & 10 & ? ? \leq x \leq 1\\\hline\end{array}$$

• A) 0.1000
• B) 0.3000
• C) 0.5000
• D) 0.6500
• E) 0.7500

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Definitions:

Household Income

The combined gross income of all members of a household, which is used to determine the household's economic status.

Liberal Theories

A set of ideas in political and economic thought emphasizing freedom, democracy, and the importance of individual rights.

Black Poverty

A term referring to the disproportionately high rates of poverty among Black or African American communities.

Human Capital

The accumulation of knowledge and skills that make a worker productive.