Answered: A line graph that connects points that…

A line graph that connects points that represent the cumulative percentage of observations below the upper limit of each class interval in a cumulative frequency distribution is known as a

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Concept explainers

Average

In mathematics, everyone must have heard the term average in one place or other. Almost all types of calculation require taking out an average. In everyday life, the term is used for denoting a certain amount that can be said to be a typical quantity for multiple people or objects. In other words, if a group of people possesses a certain object, then the average gives us an idea regarding the quantity of the object possessed by each person. However, this is solely based on mathematical calculation. It is important to note that most people will not strictly have the average value in a group.

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Stocks may be categorized by industry. The accompanying data represent three-year rates of return for a sample of financial stocks and retail stocks. Complete parts (a) through (e) below. Click the icon to view the data tables. (a) Construct a relative frequency distribution for each industry. To make an easy comparison, create each frequency distribution so that the lower class limit of the first class is -20 and the class width is Construct a relative frequency distribution for financial stocks. Complete the table below. Rate of Return Relative Frequency Rate of Return Relative Frequency -20 to -0.01 100-119.99 0-19.99 20-39.99 40-59.99 60-79.99 80-99.99 (Round to three decimal places as needed.) -xample Get more help. 120-139.99 140-159.99 160-179.99 180-199.99 1 √₁ Vi 1, Rates of Return Financial Stocks Full data set - 19.75 55.74 55.39 58.44 59.94 0.45 102.29 52.27 195.61 -1.82 44.35 46.14 177.43 85.34 20.57 196.67 57.37 106.80 24.36 93.07 78.51 85.12 176.32 14.83 116.35 150.77…
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