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**Annual Compensation Analysis of CEOs**

**Dataset Description**

The table below shows the annual compensation of 40 randomly chosen CEOs (in millions of dollars).

| 10.3 | 10.3 | 10.4 | 10.4 | 10.5 | 11.0 | 11.0 | 11.2 | 11.3 | 11.5 |
|------|------|------|------|------|------|------|------|------|------|
| 11.5 | 11.5 | 11.9 | 12.0 | 12.2 | 12.2 | 12.5 | 12.7 | 12.7 | 12.8 |
| 13.1 | 13.2 | 13.4 | 13.5 | 13.6 | 13.7 | 14.8 | 15.0 | 15.1 | 15.2 |
| 15.5 | 16.0 | 16.1 | 17.0 | 18.0 | 19.2 | 19.8 | 21.4 | 22.0 | 25.0 |

*Download Dataset*: [Click here for the Excel Data File](#)

**Data Visualization**

**(a) Select the correct histogram for the above data:**

There are three histograms provided - Histogram A, Histogram B, and Histogram C. Each histogram visually represents the frequency distribution of the CEOs’ annual compensation.

- **Histogram A:** The bars display a high frequency for lower compensation values with a steep decline in frequency as compensation increases.
- **Histogram B:** This histogram shows a uniform distribution with no apparent peak and fairly even frequencies across different compensation ranges.
- **Histogram C:** Similar to Histogram A, it shows a high frequency for lower compensation values, but with slightly different bar heights.

**Please select the appropriate histogram that matches the data you have been provided with.**

Options:
- [ ] Histogram A
- [ ] Histogram B
- [ ] Histogram C

**(b) Describe the shape of the histogram:**

Based on your selection of the histogram, analyze and describe its shape:

- The distribution is asymmetric.
- The distribution is skewed to the right.
- The distribution is skewed to the left.

**(c) Identify any unusual values (Round your answers to 2 decimal
Transcribed Image Text:**Annual Compensation Analysis of CEOs** **Dataset Description** The table below shows the annual compensation of 40 randomly chosen CEOs (in millions of dollars). | 10.3 | 10.3 | 10.4 | 10.4 | 10.5 | 11.0 | 11.0 | 11.2 | 11.3 | 11.5 | |------|------|------|------|------|------|------|------|------|------| | 11.5 | 11.5 | 11.9 | 12.0 | 12.2 | 12.2 | 12.5 | 12.7 | 12.7 | 12.8 | | 13.1 | 13.2 | 13.4 | 13.5 | 13.6 | 13.7 | 14.8 | 15.0 | 15.1 | 15.2 | | 15.5 | 16.0 | 16.1 | 17.0 | 18.0 | 19.2 | 19.8 | 21.4 | 22.0 | 25.0 | *Download Dataset*: [Click here for the Excel Data File](#) **Data Visualization** **(a) Select the correct histogram for the above data:** There are three histograms provided - Histogram A, Histogram B, and Histogram C. Each histogram visually represents the frequency distribution of the CEOs’ annual compensation. - **Histogram A:** The bars display a high frequency for lower compensation values with a steep decline in frequency as compensation increases. - **Histogram B:** This histogram shows a uniform distribution with no apparent peak and fairly even frequencies across different compensation ranges. - **Histogram C:** Similar to Histogram A, it shows a high frequency for lower compensation values, but with slightly different bar heights. **Please select the appropriate histogram that matches the data you have been provided with.** Options: - [ ] Histogram A - [ ] Histogram B - [ ] Histogram C **(b) Describe the shape of the histogram:** Based on your selection of the histogram, analyze and describe its shape: - The distribution is asymmetric. - The distribution is skewed to the right. - The distribution is skewed to the left. **(c) Identify any unusual values (Round your answers to 2 decimal
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