BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In constructing a frequency distribution, the approximate class width is computed as
A
(largest data value-smallest data value)/number of classes
B
(largest data value-smallest data value)/sample size
C
(smallest data value-largest data value)/sample size
D
largest data value/number of classes
Explanation: 

Detailed explanation-1: -In a frequency distribution, class width refers to the difference between the upper and lower boundaries of any class or category. e.g. – the class width for the first class is 5-1 = 4. The class width for the second class is 10-6 = 4, and so on.

Detailed explanation-2: -A class interval, also known as class width, is calculated by subtracting a class’s lower limit from the lower limit of the next higher class. Divide each class frequency by the sum of the class frequencies to convert a frequency distribution to a relative frequency distribution.

Detailed explanation-3: -A class interval, or class width, can be determined by subtracting the lower limit of a class from the lower limit of the next higher class. To convert a frequency distribution to a relative frequency distribution, divide each class frequency by the sum of the class frequencies.

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