BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following gives the proportion of items in each bin?
A
Frequency
B
Class size
C
Relative frequency
D
Bin proportion
Explanation: 

Detailed explanation-1: -An absolute frequency histogram best answers the question of how many items are in each bin. In contrast, a relative frequency histogram gives the proportion or percentage of the total observations in each bin.

Detailed explanation-2: -A relative frequency distribution shows the proportion of the total number of observations associated with each value or class of values and is related to a probability distribution, which is extensively used in statistics.

Detailed explanation-3: -A relative frequency distribution describes the proportion of data values that fall within each class, and may be presented in a histogram form. The difference between a histogram and a bar chart is that the histogram represents quantitative data while the bar chart represents qualitative data.

Detailed explanation-4: -A relative frequency distribution is a tabular summary of a set of data showing the relative frequency of items in each of several non-overlapping classes. The relative frequency is the fraction or proportion of the total number of items belonging to a class.

Detailed explanation-5: -(A) Histogram: A graphical presentation of a frequency distribution, relative frequency distribution, or percent frequency distribution of quantitative data constructed by placing the class intervals on the horizontal axis and the frequencies, relative frequencies, or percent frequencies on the vertical axis.

There is 1 question to complete.