Example 7.19 examined rainfall data for Minneapolis- St. Paul. The square-root transformation was used to obtain a

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Example 7.19 examined rainfall data for Minneapolis- St. Paul. The square-root transformation was used to obtain a distribution of values that was more symmetric than the distribution of the original data. Another transformation that has been suggested by meteorologists is the cube root: transformed value = (original value)1/3. The original values and their cube roots (the transformed values) are given in the following table:
Example 7.19 examined rainfall data for Minneapolis- St. Paul. The

Construct a histogram of the transformed data. Compare your histogram to those given in Figure 7.33. Which of the cube-root and the square-root transformations appears to result in the more symmetric histogram?

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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