The profit earned, in dollars, for the first quarter of last year by the 10 distributors...
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The profit earned, in dollars, for the first quarter of last year by the 10 distributors of a refrigerator company in Ottawa is given below: $2,130 3250 2657 4000 3843 5000 3500 6500 5900 4567 (a) What are the values such as $2130 and $3250 called? (b) Using $2000 up to $2500 as the first class, $2500 up to $3000 as the second class, and so forth, organize the profits into a frequency distribution. (c) What are the numbers in the right column of your frequency distribution called? (d) Describe the distribution of profits, based on the frequency distribution. The profit earned, in dollars, for the first quarter of last year by the 10 distributors of a refrigerator company in Ottawa is given below: $2,130 3250 2657 4000 3843 5000 3500 6500 5900 4567 (a) What are the values such as $2130 and $3250 called? (b) Using $2000 up to $2500 as the first class, $2500 up to $3000 as the second class, and so forth, organize the profits into a frequency distribution. (c) What are the numbers in the right column of your frequency distribution called? (d) Describe the distribution of profits, based on the frequency distribution.
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Soln 9 b values such as 2130 and 3250 are data points and c... View the full answer
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