Question

The histogram below shows the distribution of the assets (in millions of dollars) of 71 companies. Does the distribution appear to be normal? Why or why not?

No, the assets do not appear to follow a normal distribution, the values are evenly concentrated.
Yes, the assets appear to follow a normal distribution, the values are evenly distributed. No, the assets do not appear to follow a normal distribution, the values are concentrated in the center and taper off towards the ends.
Yes, the assets appear to follow a normal distribution, the values are concentrated in the center and taper off towards the ends.

Answer 1

Yes, the assets appear to follow a normal distribution, the values are concentrated in the center and taper off towards the ends

Explanation:

The distribution shown above is normal as it exhibits symmetry. This means thatvtge values are concentrated in the middle with the peak so situated in the middle of the distribution which is exactly what is displayed above. As we move towards either side of the center, the values begin to decrease and we have the tail at either side of the midpoint and not on one side of the distribution.