The file P3_59.XLS contains the proportion of annual revenue spent on research and development (R&D) activities for

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The file P3_59.XLS contains the proportion of annual revenue spent on research and development (R&D) activities for each of 200 randomly selected high-technology firms. Characterize this distribution by computing numerical summary measures and constructing a boxplot diagram. In particular, comment on the typical proportion of revenue dollars spent on R&D by these firms and the variation about the typical proportion value.

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The question youve provided involves steps that require access to a specific file P359XLS and performing statistical analysis on the data it contains ...View the full answer

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