Essay Help Service-Statistics Questions

Essay Help Service-Statistics Questions

The file P02_35.xlsx contains data from a survey of 500 randomly selected households.

  • Indicate the type of data for each of the variables included in the survey.
  • For each of the categorical variables in the survey, indicate whether the variable is nominal or ordinal, and why.
  • Create a histogram for each of the numerical variables in this data set. Indicate whether each of these distributions is approximately symmetric or skewed.
  • Find the maximum and minimum debt levels for the households in this sample.
  • Find the indebtedness levels at each of the 25th, 50th, and 75th percentiles.

The Wall Street Journal CEO Compensation Study analyzed CEO pay from many U.S. companies with fiscal year 2008 revenue of at least $5 bil- lion that filed their proxy statements between October 2008 and March 2009. The data are in the file P02_30.xlsx.

  1. Create histograms to gain a clearer understanding of the distributions of annual base salaries and bonuses earned by the surveyed CEOs in fiscal 2008. How would you characterize these histograms?
  2. Find the annual salary below which 75% of all given CEO salaries fall.
  3. Find the annual bonus above which 55% of all given CEO bonuses fall.
  4. Determine the range of the middle 50% of all given total direct compensation figures.
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