The monthly utility bills for a household in Riverside, California, were recorded for 12 consecutive months starting

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The monthly utility bills for a household in Riverside, California, were recorded for 12 consecutive months starting in January 2006:

Amount ($) Month Month Amount ($) January February March $266.63 163.41 July August September October $306.55 335.48 219

a. Construct a box plot for the monthly utility costs. 

b. What does the box plot tell you about the distribution of utility costs for this household?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Introduction To Probability And Statistics

ISBN: 9780495389538

13th Edition

Authors: William Mendenhall, Robert J. Beaver, Barbara M. Beaver

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