The following data are the average monthly after tax salary in 2020 for 162 countries. ? a.?
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The following data are the average monthly after tax salary in 2020 for 162 countries.
?
a.?Construct a frequency distribution for the data using five class ? ? intervals.
b.?Construct a frequency distribution for the data using 10 class ? ? intervals.
c.?Examine the results of (a) and (b) and comment on the usefulness of the frequency distributions in summarising these data.
DistributionThe 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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Business Analytics And Statistics
ISBN: 9780730363330
1st Edition
Authors: Ken Black, John Asafu Adjaye, Paul Burke, Nelson Perera, Carl Sherwood, Saleh A. Wasimi
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