Consider the sample of 12 incomes given in Example 3.2 (page 105). a. Sort the income data
Question:
a. Sort the income data from smallest to largest, and compute i/(n + 1) for each observation.
b. Compute the standardized normal quantile value O, for each observation.
c. Graph the normal probability plot for the salary data and interpret this plot. Does the plot indicate that the data are skewed?
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A B Income 1000s in1 zvalue 7524 00769 143 11070 01538 102 18211 02308 074 26817 ...View the full answer
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Related Book For 
Business Statistics In Practice
ISBN: 9780073401836
6th Edition
Authors: Bruce Bowerman, Richard O'Connell
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