Monthly commissions of first-year insurance brokers are $1,270, $1,310, $1,680, $1,380, $1,410, $1,570, $1,180 and $1,420. These figures are referred to as:
A) histogram.
B) raw data.
C) frequency distribution.
D) frequency polygon.
E) None of the choices are correct.

Question

Quizplus · Accepted Answer

Raw data is a collection of unorganized and unprocessed data. In this case, the monthly commissions of first-year insurance brokers are the raw data.

Monthly Commissions of First-Year Insurance Brokers Are $1,270, $1,310, $1,680