Questions: (a) Construct a frequency distribution. Movement Frequency Down 10 No change 3 Up 17 (b) Construct a relative frequency distribution. Movement Relative Frequency Down No change Up (Round to three decimal places as needed.)

(a) Construct a frequency distribution.
Movement Frequency
Down 10
No change 3
Up 17

(b) Construct a relative frequency distribution.
Movement Relative Frequency
Down 
No change 
Up 

(Round to three decimal places as needed.)
Transcript text: (a) Construct a frequency distribution. \begin{tabular}{|c|c|} \hline Movement & Frequency \\ \hline Down & 10 \\ \hline No change & 3 \\ \hline Up & 17 \\ \hline \end{tabular} (b) Construct a relative frequency distribution. \begin{tabular}{|c|c|} \hline Movement & Relative Frequency \\ \hline Down & \\ \hline No change & \\ \hline Up & $\square$ \\ \hline \end{tabular} (Round to three decimal places as needed.)
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Solution

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Solution Steps

Solution Approach

(a) To construct a frequency distribution, we simply list the categories and their corresponding frequencies as given in the table.

(b) To construct a relative frequency distribution, we need to divide the frequency of each category by the total number of observations to get the relative frequency. Then, round the results to three decimal places.

Step 1: Frequency Distribution

The frequency distribution is constructed by listing the movements along with their corresponding frequencies. The data is as follows:

\[ \begin{array}{|c|c|} \hline \text{Movement} & \text{Frequency} \\ \hline \text{Down} & 10 \\ \hline \text{No change} & 3 \\ \hline \text{Up} & 17 \\ \hline \end{array} \]

Step 2: Total Observations

To find the total number of observations, we sum the frequencies:

\[ \text{Total Observations} = 10 + 3 + 17 = 30 \]

Step 3: Relative Frequency Distribution

The relative frequency for each movement is calculated by dividing the frequency of each movement by the total number of observations:

\[ \text{Relative Frequency (Down)} = \frac{10}{30} = 0.333 \] \[ \text{Relative Frequency (No change)} = \frac{3}{30} = 0.1 \] \[ \text{Relative Frequency (Up)} = \frac{17}{30} \approx 0.567 \]

Thus, the relative frequency distribution is:

\[ \begin{array}{|c|c|} \hline \text{Movement} & \text{Relative Frequency} \\ \hline \text{Down} & 0.333 \\ \hline \text{No change} & 0.1 \\ \hline \text{Up} & 0.567 \\ \hline \end{array} \]

Final Answer

The frequency distribution and relative frequency distribution are summarized as follows:

  • Frequency Distribution:

    • Down: 10
    • No change: 3
    • Up: 17
  • Relative Frequency Distribution:

    • Down: \(0.333\)
    • No change: \(0.1\)
    • Up: \(0.567\)

Thus, the final answer is:

\[ \boxed{\text{Frequency Distribution: } \{ \text{Down: } 10, \text{No change: } 3, \text{Up: } 17 \}, \text{ Relative Frequency Distribution: } \{ \text{Down: } 0.333, \text{No change: } 0.1, \text{Up: } 0.567 \}} \]

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