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Percent 20 15 10 5 0 2000 Figure 1 Charges English (United States) 10000 18000 Distribution of charges 26000 34000 charges 42000 00 0 50000 MacBook Air 00 58000 00

Percent 20 15 10 5 0 2000 Figure 1 Charges English (United States) 10000 18000 Distribution of charges 26000 34000 charges 42000 00 0 50000 MacBook Air 00 58000 00

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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are there any outliers in this histogram?
**Distribution of Charges** This image contains two main components: a histogram and a box plot, both illustrating the distribution of charges. 1. **Histogram**: - The y-axis represents the percentage of occurrences. - The x-axis represents the range of charges, from 0 to 60,000. - The histogram shows a right-skewed distribution with the highest frequency of charges in the lower range, particularly between 0 and 10,000. As the charges increase, the frequency decreases, creating a tail on the right side. 2. **Box Plot**: - The box plot is aligned with the histogram to provide a summary of the data distribution. - It displays the median, quartiles, and potential outliers in the dataset. - The plot indicates that the median is located around the lower range of charges. - Several outliers are noticeable beyond the upper whisker, indicating a number of higher charges in the data that exceed the typical range. *Figure 1: Charges* This visual representation helps in understanding the overall distribution and variability of charges, highlighting the common occurrence of lower charges and the presence of higher values that deviate from the norm.
Transcribed Image Text:**Distribution of Charges** This image contains two main components: a histogram and a box plot, both illustrating the distribution of charges. 1. **Histogram**: - The y-axis represents the percentage of occurrences. - The x-axis represents the range of charges, from 0 to 60,000. - The histogram shows a right-skewed distribution with the highest frequency of charges in the lower range, particularly between 0 and 10,000. As the charges increase, the frequency decreases, creating a tail on the right side. 2. **Box Plot**: - The box plot is aligned with the histogram to provide a summary of the data distribution. - It displays the median, quartiles, and potential outliers in the dataset. - The plot indicates that the median is located around the lower range of charges. - Several outliers are noticeable beyond the upper whisker, indicating a number of higher charges in the data that exceed the typical range. *Figure 1: Charges* This visual representation helps in understanding the overall distribution and variability of charges, highlighting the common occurrence of lower charges and the presence of higher values that deviate from the norm.
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