Question:
Since 1996, Slate.com has published the Slate 60 (compiled by the Chronicle of Philanthropy), which is a list of U.S. individuals making the largest charitable contributions each year. The accompanying table gives the names of the top 40 persons in the 2010 Slate 60 and the money they donated (in millions) during that year (www.slate.com/id/2283787/).
a. Construct a frequency distribution table using the classes 25 to less than 65, 65 to less than 105, 105 to less than 145, and so on.
b. Calculate the relative frequency and percentage for each class.
c. Construct a histogram for the relative frequency distribution of part b.
d. Are there any donation amounts that stand out in the histogram? If so, how do they compare to the rest of the donation amounts?
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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Donation Donation (millions of dollars) 50.0 50.0 49.0 45.1 42.0 41.3 (millions of Donor George Soros Michael R. Bloomberg T. Denny Sanford Irwin M, and Joan K. Jacobs Eli and Edythe L. Broad Leonard Blavatnik Frances Lasker Brody T. Boone Pickens Meyer and Renee Luskin Marc R. and Lynne Benioff Mark Zuckerberg Terrence M. and Kim Pegula Juanita Kious Waugh David R. and Patricia D. Atkinson Henry C. Jr. and Jane C. Woods Pierre and Pam Omidyar William A. and Karen Ackman Charles E. Kaufman Ming Hsieh Edward P. (Ned) Evans dollars Donor 332.0 Pul Ichiro Terasaki 279.2 P Roy and Diana T. Vagelos 162.5 Bennett S. LeBow 119.5 Lawrence J. Ellison 118.3 Lee G. and Jane H. Seidman 117.2 Violet L. Patton 10.0 Lonnie C. Jr. and Carol Johnson Poole 40.2 101.0 Lin Arison 100.5 Herman Ostrow 100.0 Jon L. Stryker 100.0 Paul G. Allen 88.0 83.7Edward H. and Vivian Merrin 80.0 William P and Lou W. Kennedy 67.0 John C. Malone 61.5 Alvin S. and Terese Lane 59.3 Tamsen Ann Ziff 53.3 Theodore and Vada Stanley 50.0 Stephen and Nancy Grand 50.0 39.0 35.0 32.8 32.3 32.0 30.2 30.1 30.0 30.0 30.0 29.1 28.1 26.6 Norton Herrick David M. Rubenstein