Examine the Given Data Set and Determine Whether the Requirement

question 33

Essay

Examine the given data set and determine whether the requirement of a normal distribution is satisfied. Assume that the requirement for a normal distribution is loose in the sense that the population distribution need not be exactly normal, but it must have a distribution which is basically symmetric with only one mode. Explain why you do or do not think that the requirement is satisfied.
-The data below represents the amount of television watched per week (in hours) for 40 randomly selected teenagers.
$$\begin{array} { r r r r r r r r r r } 13 & 4 & 17 & 14 & 9 & 6 & 7 & 5 & 14 & 12 \\20 & 16 & 0 & 15 & 10 & 6 & 5 & 3 & 13 & 14 \\15 & 5 & 3 & 5 & 8 & 11 & 12 & 13 & 14 & 7 \\4 & 6 & 9 & 13 & 3 & 14 & 24 & 15 & 17 & 20\end{array}$$

---

Definitions:

Expected Return

The anticipated profit or loss from an investment over a specified period, considering potential risks.

Economic States

Different conditions of an economy, characterized by various indicators like GDP growth, unemployment rate, inflation, and market trends.

Probability

A measure of the likelihood of a particular event or outcome, expressed as a ratio between 0 and 1.

Expected Return

The projected average return on an investment over a given period.