The end of month balances of college students is listed in t

The end of month balances of college students is listed in the following chart.
25 37 43 55 57 68 72 74 87 123
125 127 141 149 185 203 215 234 234 252
279 302 303 321 327 350 358 404 425 440
489 489 503 521 608 703 712 758 863 900

Your first interval has a frequency of 14 and a total of 40, what is the value of the Relative Frequency Distribution?

Solution

Relative frequency = Frequency of interval / Total frequency = 14/40 = 0.35

So, Relative frequncy = 0.35 for the first interval.