Business Analytics
Business Analytics
3rd Edition
ISBN: 9780135231715
Author: Evans
Publisher: PEARSON
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Concept explainers

Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of tw…
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency o…
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow compar…
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Textbook Question
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Chapter A4, Problem 3PE

For the Base Data in the Excel file Credit Risk Data, use the Histogram chart to develop a histogram with a bin width of 5 for the number of months as a Customer of the bank.

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Chapter A4 Solutions

Business Analytics

Ch. A4 - Construct histograms using the Histogram chart for...Ch. A4 - For the Base Data in the Excel file Credit Risk...
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