Hello, the attached file includes the total compensation (in $) of CEOs of large public companies in 2008. Using this data:
A) Construct a frequency distribution and a percentage distribution.
B) Construct a histogram and a percentage polygon.
C) Construct a cumulative percentage distribution and plot a cumulative percentage polygon (ogive).
D) Based on (a) through (c), what conclusions can you reach concerning CEP compensation in 2008?
This solution provides a detailed, step-by-step explanation of the given probability problem in Excel.