The State Industrial Development Council is currently working on a financial services brochure to send to out-of-state
Question:
a. Does this frequency distribution violate any of the rules of construction for frequency distributions? If so, reconstruct the frequency distribution to remedy this violation.
b. The Council wishes to target companies that would require financial support from banks that have at least $25 million in deposits. Reconstruct the frequency distribution to attract such companies to relocate to your state. Do this by considering different classes that would accomplish such a goal.
c. Reconstruct the frequency distribution to attract companies that require financial support from banks that have between $5 million and $25 million in deposits.
d. Present an eye-catching, two-paragraph summary of what the data would mean to a company that is considering moving to the state. Your boss has said you need to include relative frequencies in this presentation.
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...
Step by Step Answer:
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry