An analyst constructed the following frequency distribution on the monthly returns for 50 selected stocks. The proportion of stocks with returns of less than 10% is _____.
A) 0.30
B) 0.50
C) 0.66
D) 0.80

Question

An analyst constructed the following frequency distribution on the monthly returns for 50 selected stocks.  The proportion of stocks with returns of less than 10% is _____.
A) 0.30 
B) 0.50 
C) 0.66 
D) 0.80

Quizplus · Accepted Answer

The cumulative frequency column shows that there are 33 stocks with returns of less than 10%. To find the proportion, divide this number by the total number of stocks: 33/50 = 0.66. Therefore, the answer is C.

An Analyst Constructed the Following Frequency Distribution on the Monthly