Number of classes: 6 Data set: Amounts (in dollars) spent on books for a semester Construct a

Question:

Number of classes: 6

Data set: Amounts (in dollars) spent on books for a semester

Construct a frequency distribution for the data set using the indicated number of classes. In the table, include the midpoints, relative frequencies, and cumulative frequencies. Which class has the greatest frequency and which has the least frequency?

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...