BAN 280: Chapter 2 Quiz Study Guide
The absolute frequency for the class 25 but < 35 is - correct answer ✔✔the number
of observations in the data set >= 25 but < 35
The relative frequency for the class 25 but < 35 is - correct answer ✔✔the number
of observations in the data set >= 25 but < 35 divided by the sample size
The cumulative relative frequency for the class 25 but < 35 is - correct answer
✔✔the number of observations in the data set < 35 divided by the sample size
What is the standard class width for the following table? Class (items/day)
20 But < 40
40 but < 50
50 but < 60
60 but < 70
70 but < 80
80 but <90
90 but <110
Total - correct answer ✔✔10
The first class in the following table:
24 But <40
40 But < 44
44 but < 48
48 but < 52
52 but < 56
56 but < 60
60 but < 64
64 but < 68
