Homework Answers
Answer
29 units
to find it we need to go through the table from capital and labor side at the respected input quantities and the intersection cell of the table is the answer.
as the output is the combination of input is given in the cell in the table
so at the input of both capital and labor is 2 then the output is 29 units.
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RELATIVE FREQUENCY
CUMULATIVE REL. FREQ.
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11 - 20
21 - 30
31 - 40
41 - 50
51 - 60
61 - 70
71 - 80
81 - 90
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FREQUENCY
RELATIVE FREQUENCY
CUMULATIVE REL. FREQ.
1 - 10
11 - 20
21 - 30
31 - 40
41 - 50
51 - 60
61 - 70
71 - 80
81 - 90
91 - 100
'= 100 DATA
VALUES??
SO, WHAT DOES A FREQUENCY TABLE TELL US?
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you wrote each of the above data values on a ping pong ball,, put
them in a jar and blindly pulled one out:
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