Student loans can add up, especially for those attending professional schools to study in such areas as
Question:
a. What are two reasons that you could not use the given information to construct a histogram with the educational debt intervals on the horizontal axis and relative frequency on the y-axis?
b. Suppose that no student had an educational debt of $150,000 or more upon completion of his or her residency, so that the last class in the relative frequency distribution would be 100,000 to _150,000. Summarize this distribution graphically by constructing a histogram of the edu cational debt data. (Don€™t forget to use the density scale for the heights of the bars in the histogram, because the interval widths aren€™t all the same.)
c. Based on the histogram of Part (b), write a few sentences describing the educational debt of medical students completing their residencies.
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...
Step by Step Answer:
Statistics The Exploration & Analysis Of Data
ISBN: 9780840058010
7th Edition
Authors: Roxy Peck, Jay L. Devore