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Category > Business & Finance Posted 08 May 2017 My Price 10.00

Use the frequency distribution from Exercise 25

FICO Scores Use the frequency distribution from Exercise 25 in Section 2-2 to construct a histogram. Does the result appear to be a normal distribution? Why or why not?

Exercise 25:

FICO Scores Refer to Data Set 24 in Appendix B for the FICO credit rating scores. Construct a frequency distribution beginning with a lower class limit of 400, and use a class width of 50. Does the result appear to have a normal distribution? Why or why not?

Data Set 24: FICO Credit Rating Scores in appendix B

The FICO scores are credit rating scores based on the model developed by Fair Isaac Corporation, and are based on data from Experian.

STATDISK:

Data set name is FICO.

Minitab:

Worksheet name is FICO.MTW.

Excel:

Workbook name is FICO.XLS.

TI-83/84 Plus:

App name is FICO, and the file name is

 

the same as for the text file.

Text file names:

Text file name is FICO.

 

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Answers

(8)
Status NEW Posted 08 May 2017 10:05 AM My Price 10.00

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Attachments

file 1494238886-Answer.docx preview (279 words )
F-----------ICO----------- Sc-----------ore-----------s -----------Use----------- th-----------e f-----------req-----------uen-----------cy -----------dis-----------tri-----------but-----------ion----------- fr-----------om -----------Exe-----------rci-----------se -----------25 -----------in -----------Sec-----------tio-----------n 2------------2 -----------to -----------con-----------str-----------uct----------- a -----------his-----------tog-----------ram-----------. D-----------oes----------- th-----------e r-----------esu-----------lt -----------app-----------ear----------- to----------- be----------- a -----------nor-----------mal----------- di-----------str-----------ibu-----------tio-----------n? -----------Why----------- or----------- wh-----------y n-----------ot?----------- E-----------xer-----------cis-----------e 2-----------5: ----------- FI-----------CO -----------Sco-----------res----------- R-----------efe-----------r t-----------o D-----------ata----------- Se-----------t 2-----------4 i-----------n A-----------ppe-----------ndi-----------x B----------- fo-----------r t-----------he -----------FIC-----------O c-----------red-----------it -----------rat-----------ing----------- sc-----------ore-----------s. -----------Con-----------str-----------uct----------- a -----------fre-----------que-----------ncy----------- di-----------str-----------ibu-----------tio-----------n b-----------egi-----------nni-----------ng -----------wit-----------h a----------- lo-----------wer----------- cl-----------ass----------- li-----------mit----------- of----------- 40-----------0, -----------and----------- us-----------e a----------- cl-----------ass----------- wi-----------dth----------- of----------- 50-----------. D-----------oes----------- th-----------e r-----------esu-----------lt -----------app-----------ear----------- to----------- ha-----------ve -----------a n-----------orm-----------al -----------dis-----------tri-----------but-----------ion-----------?
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