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2PM Sun May 19 ... webassign.net 78% In business, percents are frequently used to represent the portion of observations falling within classes of a frequency

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2PM Sun May 19 ... webassign.net 78% In business, percents are frequently used to represent the portion of observations falling within classes of a frequency distribution. A relative frequency distribution expresses the distribution as percents. To convert a frequency distribution to a relative frequency distribution, divide each of the class frequencies (portion) by the total number of observations (base). Remember, rate = portion : base. Round your answers to tenths. (a) From the frequency distribution of sales receipts for an internet cafe, convert each class frequency to a relative class frequency, percents. Class Frequency Relative Frequency $4.00-4.99 1 % $5.00-5.99 4 % $6.00-6.99 7 % $7.00-7.99 9 % $8.00-8.99 5 % $9.00-9.99 4 % total 30 % (b) What percent of the sales receipts were paid between $5.00 and $5.99? % (c) What percent of the sales receipts were $7.00 or more? 1% (d) What percent of the sales receipts were less than $8.00? %

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