Exercise 1: (Using Boxplots) 1. (Should be done by hand) - Given the following data, draw the corresponding boxplot after calculating the following measures: Quartiltes( first, media, third), IQR, the inner fences, the outer fences, the max and the min. Identify potential outliers and give their types (Mild or Extreme). Justify your answer.

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Exercise 1: (Using Boxplots)
1. (Should be done by hand) - Given the following data, draw the corresponding boxplot after
calculating the following measures: Quartiltes( first, media, third), IQR, the inner fences, the outer
fences, the max and the min.
Identify potential outliers and give their types (Mild or Extreme). Justify your answer.
2
4
2
25
5
4
7
90
4
10
4
7
11
10
11
12
10
20
2. The ages of the 36 millionaires sampled are arranged in increasing order in the following table (can use
tools):
31
38
39
39
42
42
45
47
48
48
48
52
52
53
54
55
57
59
60
61
64
64
66
66
67
68
68
69
71
71
74
75
77
79
79
79
a. Determine the quartiles for the data.
b. Obtain and interpret the interquartile range.
c. Find and interpret the five-number summary.
d. Calculate the lower and upper limits.
e. Identify potential outliers, if any.
f. Construct and interpret a boxplot.
Transcribed Image Text:Exercise 1: (Using Boxplots) 1. (Should be done by hand) - Given the following data, draw the corresponding boxplot after calculating the following measures: Quartiltes( first, media, third), IQR, the inner fences, the outer fences, the max and the min. Identify potential outliers and give their types (Mild or Extreme). Justify your answer. 2 4 2 25 5 4 7 90 4 10 4 7 11 10 11 12 10 20 2. The ages of the 36 millionaires sampled are arranged in increasing order in the following table (can use tools): 31 38 39 39 42 42 45 47 48 48 48 52 52 53 54 55 57 59 60 61 64 64 66 66 67 68 68 69 71 71 74 75 77 79 79 79 a. Determine the quartiles for the data. b. Obtain and interpret the interquartile range. c. Find and interpret the five-number summary. d. Calculate the lower and upper limits. e. Identify potential outliers, if any. f. Construct and interpret a boxplot.
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