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A statistician received some data to analyze. The sender of the data suggested that the data was normally distributed. Which of the following methods can be used to determine if the data is, in
Fact, normally distributed? I. Construct a histogram and/or stem-and-leaf display of the data and check the shape.
II. Compute the intervals , and , and determine the percentage of measurements falling in each. Compare these percentages to , and .
III. Calculate a value of . If this value is approximately , then the data is normal.
IV. Construct a normal probability plot of the data. If the points fall on a straight line, then the data is normal.
Automatic Perfection
A legal concept in secured transactions where a security interest is perfected immediately upon attachment without any further action required by the secured party.
Public Notice
An announcement or advertisement made to the general public typically through newspapers, websites, or public places, regarding important information like legal proceedings, meetings, or property sales.
Secured Creditor
A lender or creditor that has the right to claim specific assets or collateral if the borrower defaults on an agreement.
Repossesses
The action of taking back possession of property, typically by a seller or lender, from the buyer or borrower due to non-compliance with the terms of sale or loan.
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