The following file contains the yields for a money market account, a one-year certificate of deposit, and a five-year CD for 23 Banks in the metropolitan New York area, as of May 28, 2009. For each of the three types of investments decide whether the data appear to be approximately normally distributed by.
a. comparing data characteristics to theoretical properties
b. constructing a normal probability plot.
Please show all work! Thank You
Money Market
|
One-Year CD
|
Five-Year CD
|
0.60
|
1.00
|
1.85
|
1.75
|
2.00
|
3.30
|
0.01
|
0.25
|
1.50
|
1.00
|
2.00
|
3.10
|
0.75
|
1.50
|
3.25
|
1.25
|
2.30
|
3.70
|
1.20
|
2.05
|
3.00
|
0.50
|
1.75
|
3.00
|
2.00
|
1.65
|
2.80
|
1.75
|
2.25
|
2.50
|
2.12
|
1.35
|
3.50
|
1.90
|
2.20
|
3.66
|
1.20
|
2.10
|
3.30
|
0.20
|
2.00
|
1.70
|
0.20
|
2.00
|
1.70
|
0.25
|
1.75
|
3.30
|
0.20
|
2.00
|
1.70
|
0.25
|
1.75
|
3.00
|
0.20
|
2.00
|
1.70
|
0.60
|
1.20
|
1.65
|
2.00
|
2.24
|
3.25
|
2.02
|
0.75
|
1.00
|
0.02
|
0.85
|
1.16
|