The file SavingsRate contains the yields for a money market account, a one-year certificate of deposit (CD), and a five-year CD for 23 Banks in the metropolitan New York area, as of May 28, 2009. For...

The file SavingsRate contains the yields for a money market account, a one-year certificate of deposit (CD), and a five-year CD for 23 Banks in the metropolitan New York area, as of May 28, 2009. For each of the three types of investments, decide whether the data appear to be approximately normally distributed by a. For the (a) Money Market, (b) One-Year CD, and (c) Five Year CD, compare data characteristics to theoretical properties and b. constructing a normal probability plot for the (a) Money Market, (b) 0ne-Year CD, and (c) the Five-year CD (3-separate plot charts).

May 04, 2022
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