The highway Loss Data Institute routinely collects data on collision coverage claims. Collision coverage insures aigainst physical damage to an insured individual's vehicle. The data represent a random sample of 18 collision coverage claims based on the data obtained from the highway Loss Data Institute for 2004 models. a) Find and Interpret the first, the second and the third quartiles for collision claims. (For Q2, use the vlookup function) b) Compute the interquartile rangec) Find any outliers.d) Sketch the boxplot and comment on the shape of the distribution. data (in $)   6751   189   10034   9908   1185   735   3461   370   802   2336   1414   618   21147   4668   180   2332   1953   1657

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The highway Loss Data Institute routinely collects data on collision coverage claims. Collision coverage insures aigainst physical damage to an insured individual's vehicle. The data represent a random sample of 18 collision coverage claims based on the data obtained from the highway Loss Data Institute for 2004 models.

a) Find and Interpret the first, the second and the third quartiles for collision claims. (For Q2, use the vlookup function)

b) Compute the interquartile rangec) Find any outliers.d) Sketch the boxplot and comment on the shape of the distribution.

data (in $)  
6751  
189  
10034  
9908  
1185  
735  
3461  
370  
802  
2336  
1414  
618  
21147  
4668  
180  
2332  
1953  
1657  
   
   
   
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