In: Statistics and Probability
Science MajorsA bank has collected data on the opening balances of new home loans issued in the final quarter of 2018. The dataset of 200 observations is contained in the file: Home Loans (THA 1).xlsx. Based on the data, answer the following questions.
Using the Pivot Tablein Excel, construct a frequency distribution tableof Opening Balance and a histogramdisplaying the table. Suggested class intervals: 0 – 200,000; 200,000 – 400,000, etc.
Obs | Home Loan, Open. Bal. |
1 | 544,723 |
2 | 686,461 |
3 | 422,582 |
4 | 373,228 |
5 | 369,600 |
6 | 353,011 |
7 | 259,339 |
8 | 236,532 |
9 | 496,713 |
10 | 1,052,824 |
11 | 454,077 |
12 | 806,701 |
13 | 482,691 |
14 | 920,000 |
15 | 444,720 |
16 | 780,000 |
17 | 377,858 |
18 | 366,611 |
19 | 283,918 |
20 | 216,536 |
21 | 291,182 |
22 | 776,145 |
23 | 375,723 |
24 | 403,552 |
25 | 342,989 |
26 | 191,632 |
27 | 800,350 |
28 | 268,200 |
29 | 519,466 |
30 | 293,192 |
31 | 414,739 |
32 | 352,222 |
33 | 258,587 |
34 | 228,633 |
35 | 329,476 |
36 | 324,013 |
37 | 239,375 |
38 | 489,659 |
39 | 279,174 |
40 | 457,456 |
41 | 409,731 |
42 | 1,332,051 |
43 | 367,738 |
44 | 331,450 |
45 | 364,676 |
46 | 472,790 |
47 | 332,199 |
48 | 525,831 |
49 | 393,803 |
50 | 291,081 |
51 | 469,585 |
52 | 363,128 |
53 | 360,221 |
54 | 290,435 |
55 | 452,734 |
56 | 493,088 |
57 | 362,044 |
58 | 232,913 |
59 | 367,991 |
60 | 451,662 |
61 | 495,394 |
62 | 473,753 |
63 | 245,583 |
64 | 212,484 |
65 | 495,633 |
66 | 348,539 |
67 | 380,756 |
68 | 395,000 |
69 | 554,626 |
70 | 346,094 |
71 | 482,000 |
72 | 279,040 |
73 | 431,405 |
74 | 712,740 |
75 | 479,868 |
76 | 632,612 |
77 | 334,365 |
78 | 290,458 |
79 | 583,572 |
80 | 311,145 |
81 | 406,683 |
82 | 234,646 |
83 | 236,695 |
84 | 239,475 |
85 | 877,764 |
86 | 559,089 |
87 | 278,475 |
88 | 1,005,103 |
89 | 341,572 |
90 | 235,907 |
91 | 347,033 |
92 | 452,277 |
93 | 542,540 |
94 | 859,707 |
95 | 426,113 |
96 | 451,640 |
97 | 275,643 |
98 | 461,818 |
99 | 273,911 |
100 | 332,744 |
101 | 625,000 |
102 | 313,953 |
103 | 246,979 |
104 | 556,798 |
105 | 223,566 |
106 | 434,694 |
107 | 330,051 |
108 | 528,349 |
109 | 296,459 |
110 | 673,742 |
111 | 255,977 |
112 | 497,893 |
113 | 173,452 |
114 | 364,564 |
115 | 423,801 |
116 | 412,745 |
117 | 344,350 |
118 | 375,594 |
119 | 576,789 |
120 | 384,224 |
121 | 454,949 |
122 | 429,826 |
123 | 372,453 |
124 | 375,593 |
125 | 502,794 |
126 | 426,347 |
127 | 448,161 |
128 | 223,132 |
129 | 459,372 |
130 | 522,012 |
131 | 297,186 |
132 | 343,947 |
133 | 648,363 |
134 | 121,147 |
135 | 288,658 |
136 | 269,492 |
137 | 1,310,311 |
138 | 167,636 |
139 | 377,545 |
140 | 564,538 |
141 | 1,113,770 |
142 | 442,390 |
143 | 258,433 |
144 | 433,609 |
145 | 256,726 |
146 | 249,058 |
147 | 258,709 |
148 | 244,828 |
149 | 581,815 |
150 | 344,052 |
151 | 331,641 |
152 | 303,224 |
153 | 328,384 |
154 | 187,425 |
155 | 312,951 |
156 | 476,582 |
157 | 951,336 |
158 | 284,487 |
159 | 400,050 |
160 | 536,902 |
161 | 439,255 |
162 | 266,541 |
163 | 263,611 |
164 | 442,662 |
165 | 557,690 |
166 | 375,426 |
167 | 337,402 |
168 | 240,806 |
169 | 367,070 |
170 | 621,110 |
171 | 317,486 |
172 | 266,651 |
173 | 466,251 |
174 | 304,040 |
175 | 297,971 |
176 | 199,448 |
177 | 340,568 |
178 | 236,054 |
179 | 500,615 |
180 | 187,737 |
181 | 330,010 |
182 | 1,340,394 |
183 | 365,058 |
184 | 396,187 |
185 | 375,523 |
186 | 435,712 |
187 | 426,242 |
188 | 407,575 |
189 | 301,040 |
190 | 380,631 |
191 | 280,846 |
192 | 393,315 |
193 | 217,536 |
194 | 457,019 |
195 | 180,584 |
196 | 636,068 |
197 | 247,106 |
198 | 1,458,183 |
199 | 434,295 |
200 | 462,356 |
Select the data and using insert--->pivot table
do this
get this
drag the home loan, Opn bal. field to row label ans sum values
click on the sum of home and pick value filed setting
make sure that the summarize by is count
right click on a number under row labels and choose group
enter these values
get this
this is the frequency distribution table (change the column title to Frequency and re-lable the classes (for example 0-199999 to 0-200000) if needed)
Opening Balance | Frequency |
0-199999 | 8 |
200000-399999 | 104 |
400000-599999 | 65 |
600000-799999 | 10 |
800000-999999 | 6 |
1000000-1199999 | 3 |
1200000-1399999 | 3 |
1400000-1600000 | 1 |
To get the histogram, select the data under Frequency and choose insert--->column
format the graph as needed