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Terms in this set (9)
It is the AF of divided by total AF so it's relative to the set so here
10/20 = 50%
Relative frequency what is it and calculate it for
-10 to -7 AF = 3
-7 to -4. Af = 7
-4 to -1. AF = 10
What is the relative for -4 to -1
The cumulative relative frequency looks at all limits below that up to that.
So let's say 15% of observations below your target range and 10% in your target range then it would be 25%
Describe cumulative relative frequency
You count the total observation in all find how many numbers would be the middle and move along the histogram until you get to that range
How do you find the median number in a histogram chart?
Yes there can be multiple if the numbers have the same. Let's say 6% shows up 3 times (3 is highest frequency) and 8% shows 3 times then there is two modes
Can there be more then one mode? Explain
Mean is greater than the median which is greater than mode
Positive skew describe mean median mode
Mesokurtic - zero kurtosis
Plattkurtic -
Kurtosis 3 types
MC
is equal to the change in total cost divided by the change in quantity produced
Under perfect competition firm break point in production
Price = ATC
C is correct. The expected return is the sum of the expected dividend yield plus expected growth. The expected growth is (1 − 0.4)15% = 9%. The expected dividend yield is $2.18/$28 = 7.8%. The sum is 16.8%.
Note the 2.18 dividend came from current dividend times growth rate of 9%
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