This histogram shows the winning times in seconds for the Kentucky Derby since 1875. (a) Estimate the

Question:

This histogram shows the winning times in seconds for the Kentucky Derby since 1875.

(a) Estimate the center and scale of these data from the histogram. Are the usual notions of center and spread useful summaries of these data?
(b) Describe the shape of the distribution of these data.
(c) What do you think the boxplot of these data would look like?
(d) Can you think of an explanation for the shape of the histogram? What plot of these data would help you resolve whether you have the right explanation?

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...