Question 1 Report
(a) The frequency distribution shows the range of prices of a brand of a car sold by a dealer and the corresponding quantity demanded.
Price (N1,000,000.00 |
1.0 - 1.9 | 2.0 - 2.9 | 3.0 - 3.9 | 4.0 - 4.9 | 5.0 - 5.9 |
Number of Vehicles | 23 | 48 | 107 | 90 | 32 |
(b) Represent the information in a histogram and use the histogram to determine the most preferred selling price for the brand of car.