The file CD Rate contains the yields for a one- year certificate of deposit (CD) and a
Question:
The file CD Rate contains the yields for a one- year certificate of deposit (CD) and a five- year CD for 22 banks in the United States, as of March 12, 2014. (Data extracted from www.Bankrate.com, March 12, 2014.) For each type of investment, decide whether the data appear to be approximately normally distributed by
a. Comparing data characteristics to theoretical properties.
b. Constructing a normal probability plot.
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Excel output OneYear FiveYear Mean 071 1535455 Standard Error 0063753 0090462 Median 08 15 Mode 02 1...View the full answer
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Related Book For
Business Statistics A First Course
ISBN: 9780321979018
7th Edition
Authors: David M. Levine, Kathryn A. Szabat, David F. Stephan
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