We Are Interested in Knowing If the Following Frequency Distribution

question 57

Short Answer

We are interested in knowing if the following frequency distribution is normally distributed. The mean and standard deviation of the data is 600 and 160. To test the hypothesis that the frequency distribution is normally distributed, what is the degrees of freedom for the chi-square statistic?

---

Definitions:

Nonpublic

Information or entities not available or accessible to the general public, often pertaining to private or confidential matters.

Business Judgment Rule

A legal principle that protects corporate directors and officers from liability for decisions made in good faith and believed to be in the best interest of the company.

Duty of Due Diligence

An obligation to conduct a comprehensive appraisal of a business or individual prior to signing a contract, to avoid harm.

Declares a Dividend

When a company's board of directors announces the payment of a dividend, distributing a portion of earnings to shareholders.