Final answer:
The relative frequency of winning different prizes in a fundraiser can be calculated by dividing the number of plates with a specific prize by the total number of plates and rounding the result to the nearest thousandth.
Step-by-step explanation:
The subject of this question is Mathematics, specifically focusing on statistics and probability. The question asks for the calculation of relative frequency of winning different prizes tagged under plates in a fundraising dinner which involves statistical analysis. To find the relative frequency of winning a certain prize, we need to divide the number of winning plates for that prize by the total number of plates. If the original frequency data for the prizes of $5, $50, $100, and $1000 were provided, the calculation for each would look like the following:
- Relative Frequency for $5 prize = (Number of $5 winning plates) / 200
- Relative Frequency for $50 prize = (Number of $50 winning plates) / 200
- Relative Frequency for $100 prize = (Number of $100 winning plates) / 200
- Relative Frequency for $1000 prize = (Number of $1000 winning plates) / 200
Each result must then be rounded to the nearest thousandth as per instructions. The sum of all relative frequencies should equal 1 or 100% if all possibilities are accounted for.