When constructing the histogram, the intervals are selected in such a way that the width of each interval is the same and the gap between two intervals stays uniform throughout the histogram. This makes the data easy to visualize, easy to interpret and easy to understand.
From the given options, option B lists the intervals in an absurd order. First interval is from 0 to 3. There is no gap between first and second interval and the second interval is larger than the first. So these intervals cannot be the set of intervals of a histogram.
So, the answer to this question is option B
It will take 13 weeks to save the money to buy the equipment because if you subtract 20 you get 55.25 then divide by 4.25 you get 13 <span />
<u>The three important tools of Federal Reserve's monetary policies are as follows:</u>
- open market operations
- the discount rate
- reserve requirements.
<u>Step-by-step explanation:</u>
The monetary policies of the United States's central bank, Federal Reserve are the acts of the entity to influence money and raise the country's economy. These policies also helps in looking over the aspects of how the money and credits draw affects on credit rates and the overall performance of the U.S. Economy.
The three prime tools of the Federal reserve's monetary policies are the Open Market Operations, Discount Rates and the Reserve Requirements.
<u>Open Market operations</u>
This involves in purchase and selling process of government securities. The primary dealer with which the Reserve deals compete on the basis of prices and thus the dealer gets decided with whom the reserve deal for the day.
<u>Discount Rates</u>
This is the discount rate charged to depository institutions for short term loans by the Federal Reserve.
<u>Reserve Requirements</u>
This is the money or deposit amount the Reserve Bank must sustain in its vault or depository.
