The data give the market share (0 to 100%) of a brand-name pharmaceutical product in 224 metropolitan
Question:
(a) Describe the histogram and boxplot of the market shares. Is the histogram symmetric and unimodal? Would you say that this histogram is bell shaped?
(b) Are there any outliers? In what location does this brand have the highest market share? The lowest?
(c) The market share can only be as large as 100 and cannot be negative. Since a normal model allows for any value, is it possible for a normal model to describe these shares? Would a normal model be reasonable if the average share were closer to 0 or 100%?
(d) What normal model describes the distribution of returns of these shares?
(e) Is the normal model in part (d) a good description of these shares? Explain how you decided whether it’s a good match or not. Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a The histogram and boxplot shown below look like a reasonable match for a normal model The histo...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
65+ Reviews
86+ Question Solved
Related Book For 
Statistics For Business Decision Making And Analysis
ISBN: 9780321890269
2nd Edition
Authors: Robert Stine, Dean Foster
Question Posted:
