Which of the Following Best Describes the Term "Relative Class

question 73

Multiple Choice

Which of the following best describes the term "relative class frequency"?

• A) It is the number of observations that fall into a given class in a frequency distribution.
• B) It is the proportion of all observations that fall into a given class in a frequency distribution.
• C) It is the difference between the numerical lower and upper limits of a class of quantitative data.
• D) It is the average number of observations that fall into a given class in a frequency distribution.

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Definitions:

Percent Change

The measure of how much a quantity grows or shrinks compared to its previous value, often expressed as a percentage.

Equity Mutual Fund

A type of mutual fund that invests primarily in stocks, aiming to provide investment returns that correlate with the performance of the stock market.

Bond Mutual Fund

A fund that invests in bonds, providing investors with diversification and the potential for income.

Commercial Construction By-laws

Regulations established by local governments that dictate standards and requirements for commercial building projects.