What might account for the gaps seen in the histogram

Reference no: EM131394374

A recently hired investment analyst has been assigned to analyze the companies that make up the Fortune 800, a collection of the largest U.S. companies. He codes each company by the type of industry to which they belong. Here is a table showing some of the industry types and the corresponding codes he uses:

Industry	Industry Code
Financial Services	1
Food/ drink/ tobacco	2
Health	3
Insurance	4
Retailing	6
Forest products	9
Aerospace / defense	11
Energy	12
Capital goods	14
Computers/ communication	16
Entertainment/ information	17
Consumer nondurables	18
Electric utilities	19

The analyst produces the following histogram of the industry codes for the companies:

1851_Fig 008.jpg

a) What might account for the gaps seen in the histogram?

b) Is the histogram unimodal?

c) What advice might you give the analyst about the appropriateness of this display?

Reference no: EM131394374

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