The best way to illustrate the relative frequency distribution is a percentage or a proportion.
For example, imagine that in the survey conducted above 80 people where interviewed and 35 were democrat, 24 republican, 12 libertarian, and 9 chose another party.
- Absolut frequencies would be the number of responses for each option: 35, 24, 12 and 9.
- Relative frequency (democrats) = 35/80 = 0.4375= 43,75 % of the participants
- Relative frequency (republicans)= 24/80= 0.3 = 30% of the participants
- Relative frequency (libertarians)= 12/80= 0.15 = 15% of the participants
- Relative frequency (others)= 9/80= 0.1125 = 11,25 % of the participants
True because of supply and demand. If the demand is higher than the supply, or people cannot afford the supply, the demand must decrease in value so that people can facilitate the supply and keep it going.
