Listed below is the per capita income for the 50 states and the District of Columbia. Use

Question:

Listed below is the per capita income for the 50 states and the District of Columbia.

Use a statistical software package such as Excel or Minitab to help answer the following questions.
a. Determine the mean, median, and standard deviation.
b. Determine the first and third quartiles.
c. Develop a box plot. Are there any outliers? Do the amounts follow a symmetric distribution or are they skewed? Justify your answer.
d. Organize the distribution of funds into a frequencydistribution.

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...