17th Edition

ISBN: 9781259924163

Author: Lind

Publisher: MCGRAW HILL BOOK COMPANY

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Chapter 2, Problem 32CE

David Wise handles his own investment portfolio, and has done so for many years. Listed below is the holding time (recorded to the nearest whole year) between purchase and sale for his collection of 36 stocks.

Chapter 2, Problem 32CE, David Wise handles his own investment portfolio, and has done so for many years. Listed below is the

a. How many classes would you propose?
b. What class interval would you suggest?
c. What quantity would you use for the lower limit of the initial class?
d. Using your responses to parts (a), (b), and (c), create a frequency distribution.
e. Describe the shape of the frequency distribution.

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Chapter 2, Problem 31CE

Chapter 2, Problem 33CE

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Chapter 2 Solutions

EBK STATISTICAL TECHNIQUES IN BUSINESS

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Solution Summary: The author explains that the number of classes is the smallest value of k. The class interval size for the given data set is 2.2.

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Chapter 2 Solutions