Using a Strict Interpretation of the Relevant Criteria Characterizing a Normal

question 63

Essay

Using a strict interpretation of the relevant criteria characterizing a normal
distribution,does the frequency distribution below appear to have a normal distribution?
Does the distribution appear to be normal if the criteria are interpreted very loosely? $$\begin{array}{l}\begin{array} { c | c } \text { Closing Share }\\\text { Price } & \text { Frequency } \\\hline 0 - 5 & 2 \\6 - 10 & 5 \\11 - 15 & 15 \\16 - 20 & 27\end{array}\end{array}$$

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Definitions:

Annual Interest Rate

The percentage of principal earned as interest on an investment or paid on a loan over a one-year period.

Down Payment

An initial, upfront partial payment for the purchase of expensive items/services, typically associated with real estate or vehicles.

Accrued Interest

The interest that has accumulated on a bond, loan, or other financial instrument since the last interest payment was made.

Compounded Annually

Interest on an investment or loan calculated once a year, where each year's interest is added to the principal.