The correct way to represent the situation where Jim makes a profit of $$$ 550 is + $$$ 550.

False

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True

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Solution

The correct option is B True

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The daily earnings (in rupees) of 24 stores in a market was recorded as under :

715, 650, 685, 550, 573, 530, 610, 525, 742, 680, 736, 524, 500, 585, 723, 545, 532, 560, 580, 545, 625, 630, 645, 700.

Prepare a frequency table taking equal class - sizes. One such class is 500 - 550, where 550 is not included.

550

650 ?

12.5 %

550

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