Each student should bring 10 coins to class. For each coin, observe its age, the difference between
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a. Using all the students’ observations, the class should construct a histogram of the sample ages. What is its shape?
b. Now each student should find the mean for that student’s 10 coins, and the class should plot the means of all the students. What type of distribution is this, and how does it compare to the one in part a? What concepts does this exercise illustrate?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics The Art And Science Of Learning From Data
ISBN: 9780321755940
3rd Edition
Authors: Alan Agresti, Christine A. Franklin
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