1. In Homework 1, we looked at some of the variables collected on the CEOs of the largest 800 companies (based on sales) in the US. collected by Forbes Magazine in 1994. The full data set ForbesQ4.J MP can be found in the Homework 2 folder in WebCT. Click on this le to open the data set in J MP. (a) Follow the steps below to use JMP to obtain a histogram and summary statistics for the distribution of the Age of the 800 CEOs. 0 With the data set open in JMP, click on Analyze - Distribution. 0 Select the variable Age in the Select Columns box by clicking on it once. The variable should be highlighted in blue. 0 Click on the Y,Columns box. 0 Click the OK button. 0 You should now have a histogram and summary statistics for the Age variable. To change the histogram to a horizontal layout, click on the red triangle next to the variable name (Age) and select Display Options - Horizontal Layout. To add a count axis to the histogram, select Histogram Options - Count Axis. o Print this output and turn it in with your assignment. (b) Using your output, describe the shape of the distribution of the Age of the 800 CEOs. (c) Using your output, give the ve number summary of the distribution of the Age of the 800 CEOs. Make sure to label each one of the ve numbers. ((31) Using your output, calculate the range and interquartile range of the distribution. Make sure to show your work and label each value. (e) In the output from J MP, the boxplot shows several outliers. Give the range of values that are considered outliers in the boxplot. (f) Using your output, give the mean and standard deviation of the distribution of the Age of the 800 CEOs. (g) The mean and median for these data are fairly similar in value. Explain this result based on the shape of the distribution. (h) Which summary statistics are the most appropriate to report for these data, the ve number summary or the mean and standard deviation? Explain your answer? 2. Below is a list of unemployment rates for each of the 50 states during the month of August 2008. Rates are listed in the table as percents