This data table includes several characteristics of 428 companies classified as being in the information industry in
Question:
(a) Find the median, mean, and standard deviation of the total revenue of these companies. What units do these summary statistics share?
(b) Describe the shape of the histogram and boxplot. What does the White Space Rule have to say about the histogram?
(c) Do the data have any extreme outliers? Identify the company if there’s an extreme outlier.
(d) What do these graphs of the distribution of net sales tell you about this industry? Is the industry dominated by a few companies, or is there a level playing field with many comparable rivals?
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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Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780321890269
2nd Edition
Authors: Robert Stine, Dean Foster
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