Here Is a Histogram of the Assets (In Millions of Dollars)of

question 45

Multiple Choice

Here is a histogram of the assets (in millions of dollars) of 71 companies.What aspect of this distribution makes it difficult to summarize,or to discuss,the centre and spread? What could be done with these data to make it easier to discuss the distribution?

• A)The distribution of assets of the 71 companies is heavily skewed to the right.The vast majority of the companies have assets represented in the first bar of the histogram,0 to 4000 dollars.This makes the discussion of the distribution meaningless.Re-expressing these data using logs or square roots might make the distribution nearly symmetric,and a meaningful discussion of centre and spread might be possible.
• B)The distribution of assets of the 71 companies is heavily skewed to the left.The vast majority of the companies have assets represented in the first bar of the histogram,0 to 4 billion dollars.This makes the discussion of the distribution meaningless.Re-expressing these data using logs or square roots might make the distribution nearly symmetric,and a meaningful discussion of centre and spread might be possible.
• C)The distribution of assets of the 71 companies is heavily skewed to the right.The vast majority of the companies have assets represented in the first bar of the histogram,0 to 4 billion dollars.This makes the discussion of the distribution meaningless.Re-expressing these data using logs or squares might make the distribution nearly symmetric,and a meaningful discussion of centre and spread might be possible.
• D)The distribution of assets of the 71 companies is heavily skewed to the right.The vast majority of the companies have assets represented in the first bar of the histogram,0 to 4000 dollars.This makes the discussion of the distribution meaningless.Re-expressing these data using logs or squares might make the distribution nearly symmetric,and a meaningful discussion of centre and spread might be possible.
• E)The distribution of assets of the 71 companies is heavily skewed to the right.The vast majority of the companies have assets represented in the first bar of the histogram,0 to 4 billion dollars.This makes the discussion of the distribution meaningless.Re-expressing these data using logs or square roots might make the distribution nearly symmetric,and a meaningful discussion of centre and spread might be possible.

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Definitions:

Apprehensive

Feeling anxiety or fear about the future or something specific.

Free-Floating

A term often used in psychology to describe anxiety that is not attached to specific situations or objects.

Generalized Anxiety Disorder

A mental health disorder characterized by persistent and excessive worry about various aspects of life, beyond the typical anxiety experienced by individuals.

Repressed

Describes thoughts, memories, or desires that are unconsciously held out of awareness due to being deemed unacceptable or distressing.