Predict the shape of the distribution of the salaries of 25 chief executive officers (CEOs). A typical

Question:

Predict the shape of the of the salaries of 25 chief executive officers (CEOs).
A typical value is about 50 million per year, but there is an outlier a about 200 million.
EXAMPLE 1 Roller Coaster Endurance
A morning radio show is sponsoring a contest in which contestants compete to win a car. About 40 contestants are put on a roller coaster, and whoever stays on it the lon-gest wins. Suppose we make a histogram of the amount of time the contestants stay on (measured in hours or even days).
What shape do we expect the histogram to have and why?
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...