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Q. Show Frequency Tables?
Ans.
A frequency table is used to show how often a piece of data occurs.
Example: Michelle decides to keep track of the number of phone calls she gets in one week. She records the information in a frequency table. Find the mean number of phone calls Michelle receives in a day.
Solution: The mean is given by
The mean number of phone calls Michelle receives in one day is 6.5.
Example Suppose the demand and cost functions are given by Q = 21 - 0.1P and C = 200 + 10Q Where, Q - Quantity sold
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