Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following histograms are of the assets (in millions of dollars) of 79 companies chosen from the Forbes list of the nation's top corporations. Complete

image text in transcribedimage text in transcribed
The following histograms are of the assets (in millions of dollars) of 79 companies chosen from the Forbes list of the nation's top corporations. Complete parts a and b below. 50 Q m E C E E Q C.) O 0 :t 2' 0 50000 D Assets E 20 Q E 10 Q C C E E E Q E Q C.) O O D 0 0 41 2' it 2' 0 255 D 2.25 4.95 D squlAssets) LoglAssels) a) Which re-expression of the assets histogram do you prefer? Why? The square root re-expression, because its histogram better represents the shape of the original data. V The logarithm re-expression, because its histogram is more symmetric. The logarithm re-expression, because the scale is smaller. The square root re-expression, because it is easier to tell if outliers are present. b) In the square root re-expression, what does the value 31 actually indicate about the corn pany's assets? The company's actual assets would be El million dollars. (Simplify your answer.) X 20 K # of Companies 0- 255 sqrt(Assets) OK

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Precalculus, Enhanced WebAssign Edition

Authors: James Stewart

6th Edition

1285499948, 9781285499949

More Books

Students also viewed these Mathematics questions