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Using the table below, please state the cumulative frequency of observing a rati

ID: 3376320 • Letter: U

Question

Using the table below, please state the cumulative frequency of observing a rating level of BBB and lower (note, this includes the ratings of BBB, BB, and B). Price at the Year to date Capitalization Rating start of the price change (dollars) MarketCredit Stock Symbol INTC Technology 36.67 10.11 126.29B A Technology 46.763.69 Utilities49.373.57 344 47BAAA 416B A MSFT Retail Retail 85,9 38.79 19.06214.3BAA BB WMT 065B 9.33B 9.6B 1.39B BY -8.61 ABX Gold Mining 10.91-2.9 EM AMD Gold Mining 19.3412 Technology 267 0.89

Explanation / Answer

The frequency of B is 1, the frequency of BB is 1 and frequency of BBB is 2. So the cumulative frequency of BBB is

1 +1 +2 =4

Hence, last option is correct.