The following data give the amounts (in dollars) spent on refreshments by 30 spectators randomly selected from
Question:
a. Construct a frequency distribution table using the less-than method to write classes. Take $0 as the lower boundary of the first class and $6 as the width of each class.
b. Calculate the relative frequencies and percentages for all classes.
c. Draw a histogram for the frequency distribution.
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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