Consider the net income as reported by selected firms in Table 3.9.9. a. Construct a histogram. b.
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...
Transcribed Image Text:
TABLE 3.9.9 Net Income of Selected Firms Firm Bay State Bancorp Bedford Bancshrs CGI Group Inc CNB Finl-PA Camco Financial Comm Bancorp Inc Concord Communctn East Penn Bank Eastern VA Bkshrs FFLC Bancorp Inc FPL Group Inc Fauquier Bankshrs First Banks Amer First Busey Corp First Finl Bcp OH First Finl Holdings Firstbank Corp-Mi Frankfort First Net Income ($ thousands) $1,423 677 30,612 1,890 2, 522 1,340 28 479 1, 104 1,818 118,000 620 15,965 3,667 7,353 6, 804 2,588 354
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
a b Skewed with an outlier ...View the full answer
Answered By
Sandhya Sharma
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
119+ Reviews
214+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
Many people do not realize how much a funeral costs and how much these costs can vary from one provider to another. Consider the price of a traditional funeral service with visitation (excluding...
-
When the IRS tax code was revised in 1986, Congress granted some special exemptions to specific corporations. The U.S. governments revenue losses due to some of these special transition rules for...
-
Continuing with the revenue loss data of Table 3.9.11: a. Find the logarithm for each data value. Omit the two firms with zero revenue loss from your answers to this problem. b. Construct a histogram...
-
.How dependent do you think the success of zero-based budgeting would be on the types of attribution models used? How might you increase the odds of success in this budgeting approach? .Advertising,...
-
The probability that a student graduating from Suburban State University has student loans to pay off after graduation is .60. The probability that a student graduating from this university has...
-
Financial Accounting First answer (b) then (a) (a) What is the purpose of grossing up of Interests in calculating taxable income from Interest on Securities? (b) Compute the income chargeable under...
-
U.S. firms have been successful in foreign franchising, particularly in fast food and other retail businesses and service companies. How do you account for this success? Where do you think the best...
-
Discuss the role of technology both in the nature of the service that Netflix provides and in the environment in which it competes. Feel free to expand by drawing on any personal knowledge you may...
-
Factory Overhead Cost Variance Report Feeling Better Medical Inc., a manufacturer of disposable medical supplies, prepared the following factory overhead cost budget for the Assembly Department for...
-
A book publisher monitors the size of shipments of its textbooks to university bookstores. For a sample of texts used at various schools, the 95% confidence interval for the size of the shipment was...
-
There are many different and varied formats and strategies for radio stations, but one thing they all have in common is the need for an audience in order to attract advertisers. Table 3.9.8 shows the...
-
The number of small electric motors rejected for poor quality, per batch of 250, were recorded for recent batches. The results were as follows: a. Construct a histogram for this data set. b. Describe...
-
According to the U.S. Centers for Disease Control and Prevention, Americans 85 years of age and older experience flu-associated respiratory and circulatory illness at an annual rate of approximately...
-
Micro-Brush requires a new component for their laptop cleaning machines. The company must decide whether to make or buy them. If it decides to make them. Should it use process A or process B? Use a...
-
Moving from a fee-for-service to a managed care delivery system set up a series of expectations (page 421). How many of these expectations are realistic? How many have been realized?
-
2. A 55 kg human is shot out the end of a cannon with a speed of 18 m/s at an angle of 60. Ignore friction and solve this problem with energy conservation. As he exits the cannon, find: a. horizontal...
-
Theoretical Background: Information Assurance (IA) architecture also known as security architecture is about planning, integrating and continually monitoring the resources of an organization so they...
-
AZCN recommends Microsoft Lens or Adobe Scan; download one of these to yo phone via your phone's app store 2. Place the document you want to scan on a flat, well-lit surface. Make sure the document...
-
What is the time estimate of an activity in which the pessimistic time is 68 hours, optimistic time is 24 hours, and likely time is 48 hours? Show your work.
-
C- Consider the following scenario:- A supermarket needs to develop the following software to encourage regular customers. For this, the customer needs to supply his/her residence address, telephone...
-
The following information relates to Kemp plc for the year to 31 March 2009: Required: Write up the following accounts for the year to 31 March 2009, being careful to insert the appropriate date for...
-
On a given day, assume that there is a 30% chance you will receive no orders, a 50% chance you will receive one order, a 15% chance of two orders, and a 5% chance of three orders. Find the expected...
-
A new project has an uncertain cash flow. A group meeting has resulted in a consensus that a reasonable way to view the possible risks and rewards is to say that the project will pay $50,000 with...
-
know that one of your customers has been having trouble with the recession and may not be able to make the loan payment that is due next week. You believe there is a 60% chance that the payment of...
-
An estimated 84 percent of enterprises now use cloud computing solutions involving multiple clouds, whereas less than 10 percent of large organizations employ just a single public cloud. Group of...
-
XYZ inc. was involved in a tax dispute with the national tax authority. The companys legal counsel estimates that there is a 75% likelihood that the company will lose the dispute and that the amount...
-
3 . Accounting.. How does depreciation impact financial statements, and what are the different methods of depreciation?
Study smarter with the SolutionInn App