Repeat Exercise 2 202 using populations with different shaped distributions a Use a uniform or rectangular distribution (Replace the subcommands used in Exercise 2 202 in place of NORMAL use UNIFORM with a low of 50 and a high of 150, and use class boundaries of 50 to 150 in increments of 10 ) b Us...

Samples of size 30 usually demonstrated some of the proper ...

Repeat Exercise 2.202 using populations with different shaped distributions. a. Use a uniform or rectangular distribution. (Replace

Question:

Repeat Exercise 2.202 using populations with different shaped distributions.
a. Use a uniform or rectangular (Replace the subcommands used in Exercise 2.202; in place of NORMAL use: UNIFORM with a low of 50 and a high of 150, and use class boundaries of 50 to 150 in increments of 10.)
b. Use a skewed (Replace the subcommands used in Exercise 2.202; in place of NORMAL use: POISSON 50 and use class boundaries of 20 to 90 in increments of 5.)
c. Use a J-shaped (Replace the subcommands used in Exercise 2.202; in place of NORMAL use: EXPONENTIAL 50 and use class boundaries of 0 to 250 in increments of 10.)
d. Does the shape of the of the population have an effect on how well a sample of size 30 represents the population? Explain.
e. What effect do you think changing the sample size has on the effectiveness of the sample to depict the population? Try a few different sample sizes. Do the results agree with your expectations? Explain.
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...