Suppose You Have 180 Observations Divided into Classes

question 70

Multiple Choice

Suppose you have 180 observations divided into classes. One of the classes has a data class frequency of 36. Which of the following would be its relative class frequency?

• A) 0.10
• B) 0.18
• C) 0.20
• D) 0.36

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Definitions:

Market Price

The present cost at which an asset or service is offered for buying or selling in the market.

Merged Firm

Refers to a company formed when two or more firms voluntarily combine their operations, often to achieve synergies and improve competitive standing.

Shares Outstanding

The total number of shares of a corporation's stock that are currently owned by all its shareholders, including shares held by institutional investors and restricted shares.

Market Price

The current price at which an asset or service can be bought or sold in a public marketplace.