U. S. Census data for San Luis Obispo County, California, were used to construct the following frequency
Question:
a. Notice that not all intervals in the frequency distribution are equal in width. Why do you think that unequal width intervals were used?
b. Construct a table that adds relative frequency and density columns to the given frequency distribution.
c. Use the densities computed in Part (b) to construct a histogram for this data set.
Write a few sentences commenting on the important features of the histogram.
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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