Reference no: EM13113429
In studying the performance of the company's stock investments over the past year, the research manager of a mutual fund company finds that only 43% of the stocks returned more than the rate that had been expected at the beginning of the year.
a)Could this information be viewed as representing the nominal scale of measurement? If so explain your reasoning. If not, why not?
b)Could this information be viewed as representing the ratio scale of measurement? If so, explain your reasoning. If not, why not?
Question: For commercial banks in each state, the U.S. Federal Deposit Insurance Corporation has determined the percentage of domestic assets held by multibank holding companies.
AL-75%HI-48%MA-71%NM-56%SD-84%
AK-39ID-85MI-87NY-86TN-74
AZ-94IL-74MN-70NC-86TX-74
AR-43IN-64MS-19ND-47UT-80
CA-58IA-30MO-72OH-82VT-41
CO-76KS-36MT-66OK-37VA-85
CT-79KY-61NE-41OR-89WA-89
DE-62LA-28NV-66PA-84WV-61
FL-78ME-86NH-69RI-90WI-69
GA-83MD-65NJ-70SC-52WY-66
a)Construct a frequency distribution with 6 classes for this data.
b)Display the distribution as a less-than ogive
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: For commercial banks in each state, the U.S. Federal Deposit Insurance Corporation has determined the percentage of domestic assets. Construct a frequency distribution with 6 classes for this data.
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