The Frequency Distribution Shows the Ages for a Sample of 100

question 63

Essay

The frequency distribution shows the ages for a sample of 100 employees. Are the ages of employees normally
distributed? Use $$\alpha$$ = 0.05. $$\begin{array} { l c } \hline \text { Class boundaries } & \text { Frequency, } \mathrm { f } \\\hline 29.5 - 39.5 & 14 \\39.5 - 49.5 & 29 \\49.5 - 59.5 & 31 \\59.5 - 69.5 & 18 \\69.5 - 79.5 & 8 \\\hline\end{array}$$

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Definitions:

Limited Liability

A legal principle that limits an investor's loss in a business venture to the amount of capital invested, protecting personal assets from business debts and obligations.

Tax-Exempt Status

A designation that exempts specific entities or income from tax under federal or state laws.

Personal Assets

Items of value owned by an individual, including both tangible and intangible assets, such as cash, property, investments, and intellectual property.

Insolvent

The condition of being unable to pay off owed debts as they become due.