Go to your university library and obtain the Statistical Abstract of the United States. a. Construct a

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Go to your university library and obtain the Statistical Abstract of the United States.
a. Construct a frequency distribution for unemployment rate by state for the most current year available.
b. Justify your choice of class limits and number of classes.
c. Locate the unemployment rate for the state in which you are attending college. (1) What proportion of the unemployment rates are below that of your state? (2) Describe the distribution’s shape with respect to symmetry. (3) If you were planning to build a new manufacturing plant, what state would you choose in which to build? Justify your answer. (4) Are there any unusual features of this distribution? Describe them.
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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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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