The Whitcomb Company manufactures a metal ring for industrial engines that usually weighs about 50 ounces. A
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a. Construct a dot plot for these data and comment on any observations you make about the data from the plot.
b. Construct a frequency distribution and histogram for these data using eight classes. What can you observe about the data from the histogram?
c. Construct a frequency polygon and an ogive from the frequency distribution created in b and note any information gleaned from these graphs.
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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