The ABC Company wants to understand the bill-paying behavior of the independent retail distributors of its products. When ABC receives payment on a bill, it records the number of days since the bill was issued. Suspecting that each distributor has a different paying pattern, ABC decides to run separate analyses for different distributors. The payment terms for each bill are that the distributor will receive a 2% discount if the bill is paid in 10 days or less and payment is due in 30 days.

The following are a time series plot and a histogram for Distributor 2. Time Series Plot for Distributor 2 60 50 40- Days to pay 30- 20- 10- 13 26 39 52 65 78 91 104 117 130 Time Order Histogram for Distributor 2 50 40 30 Frequency 20 10- 0- 20 30 40 50 60 Days to Pay