BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following are necessary to be determined to define the classes for a frequency distribution with quantitative data?
A
Number of nonoverlapping bins, width of each bin, and bin limits
B
Width of each bin and bin lower limits
C
Number of overlapping bins, width of each bin, and bin upper limits
D
Width of each bin and number of bins
Explanation: 

Detailed explanation-1: -The frequency of a class interval is the number of observations that occur in a particular predefined interval.

Detailed explanation-2: -Frequency Distribution of a Continuous Variable The classes should be mutually exclusive, i.e., non-overlapping. No two classes should contain the same interval of values of the variable. The classes should be exhaustive, i.e., they must cover the entire range of the data.

Detailed explanation-3: -The cumulative relative frequency distribution shows the proportion of items with values less than or equal to the upper limit of each class.

Detailed explanation-4: -A frequency distribution is a grouping of quantitative data into overlapping classes showing the number of observations in each class. In a bar chart, the horizontal axis is usually labelled with the values of a qualitative variable.

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