The researcher wishes to use graphical descriptive methods to present summaries of the data on each of the two variables: hours worked per week and yearly income, as stored in file HOURSWORKED.jpg a) The number of observations (n) is 65 individuals. The researcher suggests using 7 class intervals to construct a histogram for each variable. Explain how the researcher would have decided on the number of class intervals (K) as 7. b) The researcher suggests using class intervals as 10 < X ≤ 15, 15 < X ≤ 20, …, 40 < X ≤ 45 for the hours per week variable and class intervals 40 < X ≤ 45, 45 < X ≤ 50, ..., 70 < X ≤ 75 for the yearly income variable. Explain how the researcher would have decided the width of the above class intervals (or class width). c) Draw and display a histogram for each of the two variables using appropriate BIN values from part (b) and comment on the shape of the two distributions.
Question 4
The researcher wishes to use graphical descriptive methods to present summaries of the data on each of the two variables: hours worked per week and yearly income, as stored in file HOURSWORKED.jpg
a) The number of observations (n) is 65 individuals. The researcher suggests using 7 class intervals to construct a histogram for each variable. Explain how the researcher would have decided on the number of class intervals (K) as 7.
b) The researcher suggests using class intervals as 10 < X ≤ 15, 15 < X ≤ 20, …, 40 < X ≤ 45 for the hours per week variable and class intervals 40 < X ≤ 45, 45 < X ≤ 50, ..., 70 < X ≤ 75 for the yearly income variable. Explain how the researcher would have decided the width of the above class intervals (or class width).
c) Draw and display a histogram for each of the two variables using appropriate BIN values from part (b) and comment on the shape of the two distributions.
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