Analyzing whether the data is normally distributed or not

A bank is conducting a study to evaluate whether the loan amounts are normally distributed or not. Understanding the distribution of loan amounts is very important while performing statistical analysis because it can influence the choice of statistical methods for analyzing loan data.

Assume that the information on 850 past and prospective customers is contained in bankloan.sav.

The goal is to determine whether the loan amounts follow a normal distribution or not, by using various statistical tests and visual methods for normality.