One common method for measuring the size of a company is to use its market capitalization,...
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One common method for measuring the size of a company is to use its market capitalization, which is computed by multiplying the number of stock shares by the price of a share of stock. The data set below contains the market capitalization values, In dollars, for 30 companies. Complete parts (a) through (c). 45.3 57.4 40.6 24.1 133.5 147.6 31.0 99.0 80.2 76.2 e 258.4 50.8 321.0 33.9 32.0 105.4 19.6 19.1 176.2 49.6 184.8 122.8 211.2 263.7 60.7 77.5 200.3 291.9 122.0 18.0 a. Decide whether the market capitallization of these companies appears to be approximately normally distributed by comparing data characteristics to theoretical propertles. Based on the theoretical properties of the normal distribution, do the data appear to be approximately normally distributed? O Yes, the distribution of the data appears to closely resemble a normal distribution. O No, because there are a significant number of outliers in the data. O No, the distribution of the data is significantly skewed to the right. O No, the distribution of the data is significantly skewed to the left. b. Decide whether the market capitalization of these companies appears to be approximately normally distributed by constructing a normal probability plot. Use technology o construct the nomal probability plot. Choose the corect graph below. O A OB. 350- 175 175 175 7-valae What is the best description of the given data based on the normal probability plot? What is the best description of the given data based on the normal probability plot? A. The data are skewed to the right. B. The data appear to be normally distributed. C. The data are skewed to the left. c. Decide whether the market capitalization of these companies appears to be approximately normally distributed by constructing a histogram. Use technology to construct the histogram. Choose the correct histogram below. O A. В. O C. 18- 18- 18- 150 Market Cap. ($) 300 150 Market Cap. ($) 300 150 Market Cap. ($) 300 What is the best description of the given data based on the histogram? A. The data are skewed to the left. B. The data appear to be normally distributed. O c. The data are skewed to the right. Frequency Frequency Frequency One common method for measuring the size of a company is to use its market capitalization, which is computed by multiplying the number of stock shares by the price of a share of stock. The data set below contains the market capitalization values, In dollars, for 30 companies. Complete parts (a) through (c). 45.3 57.4 40.6 24.1 133.5 147.6 31.0 99.0 80.2 76.2 e 258.4 50.8 321.0 33.9 32.0 105.4 19.6 19.1 176.2 49.6 184.8 122.8 211.2 263.7 60.7 77.5 200.3 291.9 122.0 18.0 a. Decide whether the market capitallization of these companies appears to be approximately normally distributed by comparing data characteristics to theoretical propertles. Based on the theoretical properties of the normal distribution, do the data appear to be approximately normally distributed? O Yes, the distribution of the data appears to closely resemble a normal distribution. O No, because there are a significant number of outliers in the data. O No, the distribution of the data is significantly skewed to the right. O No, the distribution of the data is significantly skewed to the left. b. Decide whether the market capitalization of these companies appears to be approximately normally distributed by constructing a normal probability plot. Use technology o construct the nomal probability plot. Choose the corect graph below. O A OB. 350- 175 175 175 7-valae What is the best description of the given data based on the normal probability plot? What is the best description of the given data based on the normal probability plot? A. The data are skewed to the right. B. The data appear to be normally distributed. C. The data are skewed to the left. c. Decide whether the market capitalization of these companies appears to be approximately normally distributed by constructing a histogram. Use technology to construct the histogram. Choose the correct histogram below. O A. В. O C. 18- 18- 18- 150 Market Cap. ($) 300 150 Market Cap. ($) 300 150 Market Cap. ($) 300 What is the best description of the given data based on the histogram? A. The data are skewed to the left. B. The data appear to be normally distributed. O c. The data are skewed to the right. Frequency Frequency Frequency
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a No the distribution of the data is significantly ... View the full answer
Related Book For
Probability & Statistics for Engineers & Scientists
ISBN: 978-0130415295
7th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
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