1. Statistics in business, part 2. Find a graph other than a histogram that shows the distribution of a quantitative variable in a business publication (e.g., The Wall Street Journal, Business Week, etc.).
a) Does the article identify the W's?
b) Discuss whether the display is appropriate for the data.
c) Discuss what the display reveals about the variable and its distribution.
d) Does the article accurately describe and interpret the
2. Using the ages from Exercise 1:
a) Standardize the minimum and maximum ages using the mean from Exercise 5b and the standard deviation from Exercise 7d.
b) Which has the more extreme z-score, the min or the max?
c) How old would someone with a z-score of 3 be?