The file P09_33.xlsx contains real estate taxes paid by a sample of 170 homeowners in a Florida
Question:
a. Create a histogram of the taxes paid. Is there any visual evidence that the distribution of taxes paid is not normal?
b. Test the taxes paid for normality using the chisquare test. Is there enough evidence at the 5% significance level to conclude that taxes paid are not normally distributed? If so, what is there about the distribution that is not normal?
c. Use the Lilliefors test and the Q-Q plot to check for normality of taxes paid. Do these suggest the same conclusion as in part b? Explain.
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...
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Related Book For
Data Analysis And Decision Making
ISBN: 415
4th Edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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