What would you recommend as the next step? a. construct a histogram for these data and comment

Question:

What would you recommend as the next step?

a. construct a histogram for these data and comment on the shape.
b. What is your estimate of the mean and standard deviation for the data?
c. Plot an X and MR pair of control charts and comment on the state of control.
d. Use a ï¬ = 0 Box-Cox transformation to convert the data to a distribution that is approximately normal. Plot the histogram for the transformed data set.
e. Plot an X and MR pair of control charts for the transformed data and comment on the state of control

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...