University endowments are financial assets that are donated by supporters to be used to provide income to universities. There is a large discrepancy in the size of university endowments. The following table provides a listing of many of the universities that have the largest endowments as reported by the National Association of College and University Business Officers in 2017 (Data is here Download here).
1. Sort the table based on the university endowment, from largest to smallest.
2. Highlight universities if the endowment is greater than 10 billion dollars.
3. Provide a frequency distribution based on the endowment (classes 0-5, 5.1-10, 10.1-15, 15.1-20, and 20+).
4. Based on the bins in Q3, provide additional relative frequency distribution, cumulative frequency distribution, and cumulative relative frequency distribution separetely, and summarize what do these distributions tell you about the endowments of universities?
5. Show a histogram based on Q3. Comment on the shape of the distribution (skewed?).
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