Posted by: Pdfprep
Post Date: October 19, 2020
You have plotted the distribution of savings account sizes for a bank.
Based on the distribution shown in the exhibit, how would you proceed?
A . Data is extremely skewed. Replot the data on a logarithmic scale to get a better understanding of it.
B . Data is extremely skewed but looks bimodal. Replot the data in the range 2,500 – 10,000 to be certain.
C . Accounts of sizes greater than 2,500 are rare and are most likely outliers. Eliminate them from future analysis.
D . Data is extremely skewed. Split the analysis into two cohorts; accounts less than 2,500 and accounts greater than 2,500.
Answer: A
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