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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
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
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