The histogram shows the distribution of the damage (in billion dollars) of the 30 most costly hurricanes

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The histogram shows the distribution of the damage (in billion dollars) of the 30 most costly hurricanes hitting the U.S. mainland between 1900 and 2010. (Numbers are inflation adjusted and in 2010 dollars). The data are available in the Hurricane file on the book€™s website.

Hurricane Damage 12- 10- 4- 2- 10 20 30 40 50 60 70 80 90 100 1i0 Damage (in billion US Dollar) Count

a. Describe the shape of the distribution.
b.
Would you use the mean or median to describe the center? Why?
c. Verify with technology that the mean is 13.6, Q1 = 5.7, median = 7.9, and Q3 = 11.8. (Note that different software uses slightly different definitions for the quartiles.)
d. Write a short paragraph describing the distribution of hurricane damage.

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: 9780321997838

4th Edition

Authors: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg

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