Draw a Box Plot for this data. (Hint: Remember how to determine and show outliers in a box plot. See Fig. 4.3.3 on p. 184 in the textbook for an example.) Hints: • • • The box extends from Q1 to Q3 Draw a line through the box at the median Use the IQR method to determine outliers Outliers are any values ○ less than Q1 (1.5 x IQR) or ○ greater than Q3 + (1.5 x IQR) Show any outliers with * Draw a whisker from the left side of the box to the lowest value that is NOT an outlier Draw a whisker from the right side of the box to the highest value that is NOT and outlier 2 3 Lunch Spending ($) = x; 28 10 1 15 5 8 606 7 10 618 Z-Scores

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
ChapterA: The Use Of Mathematics In Principles Of Economics
Section: Chapter Questions
Problem 4RQ: Exercise A4 Why is a bar chart the best way illustrate comparisons?
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Question
Draw a Box Plot for this data. (Hint: Remember how to determine and show
outliers in a box plot. See Fig. 4.3.3 on p. 184 in the textbook for an example.)
Hints:
•
•
•
The box extends from Q1 to Q3
Draw a line through the box at the median
Use the IQR method to determine outliers
Outliers are any values
○
less than Q1 (1.5 x IQR)
or
○ greater than Q3 + (1.5 x IQR)
Show
any outliers with *
Draw a whisker from the left side of the box to the lowest value that is
NOT an outlier
Draw a whisker from the right side of the box to the highest value that is
NOT and outlier
Transcribed Image Text:Draw a Box Plot for this data. (Hint: Remember how to determine and show outliers in a box plot. See Fig. 4.3.3 on p. 184 in the textbook for an example.) Hints: • • • The box extends from Q1 to Q3 Draw a line through the box at the median Use the IQR method to determine outliers Outliers are any values ○ less than Q1 (1.5 x IQR) or ○ greater than Q3 + (1.5 x IQR) Show any outliers with * Draw a whisker from the left side of the box to the lowest value that is NOT an outlier Draw a whisker from the right side of the box to the highest value that is NOT and outlier
2
3
Lunch Spending ($) = x;
28
10
1
15
5
8
606
7
10
618
Z-Scores
Transcribed Image Text:2 3 Lunch Spending ($) = x; 28 10 1 15 5 8 606 7 10 618 Z-Scores
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