Saturday, July 26, 2008

Histogram

Distribution of salaries of the Acme Corporation
A histogram is used to graphically summarize and display the distribution of a process data set.
A histogram can be constructed by segmenting the range of the data into equal sized bins (also called segments, groups or classes). The vertical axis of the histogram is labeled Frequency (the number of counts for each bin), and the horizontal axis of the histogram is labeled with the range of your response variable. You then determine the number of data points that reside within each bin and construct the histogram. The bins size can be defined by the user, by some common rule, or by software methods.

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