Consider the compensation paid to chief executive officers of food processing firms, as shown in Table 3.9.7.
Question:
a. Construct a histogram.
b. Describe the distribution shape.
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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TABLE 3.9.7 CEO Compensation for Food Processing Firms Firm Archer-Daniels-Midland Campbell Soup ConAgra CPC International General Mills Heinz Hershey Foods Hormel Foods CEO Compensation Firm Kellogg Pet Quaker Oats Ralston Purina Group Sara Lee Sysco Tyson Foods Wrigley CEO Compensation $3,171,000 1,810,000 1,600,000 1,202,000 850,000 895,000 897,000 985,000 $1,489,000 1,023,000 1,398,000 1,363,000 1,736,000 1,015,000 1,174,000 475,000
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