The following data represent the default rate on student loans for a random sample of 40 colleges

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The following data represent the default rate on student loans for a random sample of 40 colleges or universities in the United States.

(a) If seven classes are to be formed, choose an appropriate lower class limit for the first class and a class width.
(b) Draw a relative frequency histogram of the data.
(c) Describe the shape of the distribution.

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Fundamentals Of Statistics

ISBN: 9780136807346

6th Edition

Authors: Michael Sullivan III

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Question Posted: Dec 06, 2022 03:12 AM

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The following data represent the default rate on student loans for a random sample of 40 colleges

Question:

7.0 23.6 1.7 18.5 4.0 7.4 3.7 17.8 5.4 4.1 23.0 2.0 3.3 22.4 0.0 6.9 7.5 20.3 0.0 9.0 18.4 10.3 2.7 20.6 8.1 8.8 10.6 12.5 27.3 7.0 5.4 16.2 8.6 10.7 12.5 2.6 6.2 0.0 0.0 16.1

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a We can determine a class width by subtracting the smallest value from the largest divid...View the full answer

Fundamentals Of Statistics

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