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Get on the boat! Refer to Exercise 3. Make a histogram of the probability distribution. Describe its shape.

Short Answer

Expert verified

Skewed to the left

The most common amount of money collected is $25.

The money collected ranges from $0 to $25.

Step by step solution

01

Step 1. Given information.

Money collected0510152025
Probability 0.020.050.080.160.270.42
02

Step 2. Create a probability distribution histogram. Describe its form.

Histogram of Probability

Each bar's width must be the same, and the bars must be centered on the amount of money collected, with the height equal to the probability.

Because the highest bar in the histogram is to the right, and there is a tail of smaller bars to its left, the distribution is skewed to the left.

Because the highest bar in the histogram is centered at 25 the most common amount of money collected is $25.

The money collected ranges from zero to twenty-five dollars.

As a results:

Skewed to the left

The most common amount of money collected is $25.

The money collected ranges from $0 to $25.

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