Wachesaw Manufacturing Inc. produced the following number of units in the last 16 days. The information is

Question:

Wachesaw Manufacturing Inc. produced the following number of units in the last 16 days.

The information is to be organized into a frequency distribution.
a. How many classes would you recommend?
b. What class interval would you suggest?
c. What lower limit would you recommend for the first class?
d. Organize the information into a frequency distribution and determine the relative frequency distribution.
e. Comment on the shape of thedistribution.

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...