Question: The file CD Rate contains the yields for a one-year certificate of deposit (CD) and a five-year CD for 25 banks in the United States,
The file CD Rate contains the yields for a one-year certificate of deposit (CD) and a five-year CD for 25 banks in the United States, as of April 29, 2015. (Data extracted from www.Bankrate.com, April 29, 2015.) 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.
a. Comparing data characteristics to theoretical properties.
b. Constructing a normal probability plot.
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