STATISTICS F/BUSINESS+ECONOMICS-TEXT
STATISTICS F/BUSINESS+ECONOMICS-TEXT
13th Edition
ISBN: 9781305881884
Author: Anderson
Publisher: CENGAGE L
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Chapter 3.4, Problem 51E

Annual sales, in millions of dollars, for 21 pharmaceutical companies follow.

Chapter 3.4, Problem 51E, Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. a. Provide a

  1. a. Provide a five-number summary.
  2. b. Compute the lower and upper limits.
  3. c. Do the data contain any outliers?
  4. d. Johnson & Johnson’s sales are the largest on the list at $14,138 million. Suppose a data entry error (a transposition) had been made and the sales had been entered as $41,138 million. Would the method of detecting outliers in part (c) identify this problem and allow for correction of the data entry error?
  5. e. Show a box plot.
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Chapter 3 Solutions

STATISTICS F/BUSINESS+ECONOMICS-TEXT

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