Answered: # of Bidders # of Contracts 2 5 345 16…

Math

Statistics

# of Bidders # of Contracts 2 5 345 16 30 27 6 18 7 9 8 7 9 9 10 4 11 1

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

Can you tell me the thought process of what does the question "What is the relative frequency of contracts involving at least 6 bidders?" mean, and how do I determine the right values to get the relative frequency? Using the image I attached with this question.

# of Bidders
# of Contracts
2
5
345
16
30
27
6
18
7
9
8
7
9
9
10
4
11
1

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