Construct a Normal Probability Plot of the Given Data $\begin{array}{llll} 1.79 & 2.09 & 1.89 & 1.99 \\ 1.75 & 1.81 & 1.93 & 2.19 \\ 2.01 & 2.15 & 1.95 & 1.85 \end{array}$

question 95

Essay

Construct a normal probability plot of the given data.
-The prices per gallon (in dollars)of regular unleaded gasoline at twelve service stations are given below.
$\begin{array}{llll} 1.79 & 2.09 & 1.89 & 1.99 \\ 1.75 & 1.81 & 1.93 & 2.19 \\ 2.01 & 2.15 & 1.95 & 1.85 \end{array}$

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Definitions:

Stockholders' Equity

Represents the owners' claims on the assets of a corporation, calculated as total assets minus total liabilities.

Residual Value

The projected amount an asset is expected to yield when sold at the conclusion of its useful life.

Double-Declining-Balance

An accelerated method of depreciation where an asset’s book value is reduced at double the rate of its straight-line depreciation.

Units-Of-Activity

A depreciation method that allocates the cost of an asset over its useful life based on its usage or activity levels, rather than time.