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Grouped Frequency Distribution Question

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Q2) The owner of a small business wants to analyze profits over the past 30 years. Profits (in thousands of dollars) were obtained for the 30-year period. The ranked data values are:

15 17 18 19 20 20 20 21 23 23 24 24
24 24 24 25 25 25 25 25 26 26 27 27
28 29 30 30 31 32

a. Complete the following grouped frequency distribution.

Class Class Boundaries Frequency

2 17.5 - 20.5

b. What is the class width?
c. What is the lower class limit of the first class?
d. What is the relative frequency of the second class?

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This solution provides answers to various grouped frequency distribution questions.

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