Construct a frequency and relative frequency histogram of the five-year rate of- return data discussed in Example

Question:

Construct a frequency and relative frequency histogram of the five-year rate of- return data discussed in Example 3.

Approach We will use StatCrunch to construct the frequency and relative frequency histograms. The steps for constructing the graphs using the TI-83/84 Plus graphing calculators, Minitab, Excel, and StatCrunch, are given in the Technology Step-by-Step.


Data from Example 3

Suppose you are considering investing in a Roth IRA. You collect the data in Table 12, which represent the five-year rate of return (in percent, adjusted for sales charges) for a simple random sample of 40 large-blended mutual funds. Construct a frequency and relative frequency distribution of the data.

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