According to the U.S. Department of Agriculture, the distribution of U.S. farms according to value of annual
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Farms
Annual Sales (Thousands)
under $10,000........ 1262
$10,000–under $25,000..... 256
$25,000–under $50,000..... 158
$50,000–under $100,000...... 140
$100,000–under $250,000.... 159
$250,000–under $500,000...... 82
$500,000–under $1,000,000...... 42
$1,000,000 or more........ 29
Convert this information to a
a. Relative frequency distribution.
b. Cumulative frequency distribution showing “less than or within” frequencies. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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