Exhibit 2-6.The following data represent the recent sales price (in $1,000s)of 24 homes in a Midwestern city. Refer to Exhibit 2-6.Suppose the data is grouped into five classes,and one of them will be "115 up to 140"- that is,{x;115 ≤ x

Question

Exhibit 2-6.The following data represent the recent sales price (in $1,000s)of 24 homes in a Midwestern city.  Refer to Exhibit 2-6.Suppose the data is grouped into five classes,and one of them will be "115 up to 140"- that is,{x;115 ≤ x < 140}.The relative frequency of this class is _____.
A)6/24 
B)7/24 
C)6

Quizplus · Accepted Answer

There are 24 data points in total, and the interval {x;115 ≤ x < 140} contains 7 data points according to the given condition. Therefore, the relative frequency of this class is 7/24.