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3) A random sample of sale prices of homes yielded the following summary information: MIN $41,000 Q1: $82,000 Median: $124,000 MAX $276,000 Q3: $169,000 Comment
3) A random sample of sale prices of homes yielded the following summary information: MIN $41,000 Q1: $82,000 Median: $124,000 MAX $276,000 Q3: $169,000 Comment on a home that had a sale price of $ 429,000. A) This sale price would be expected since it falls inside the lower and upper outlier boundaries. B) This value falls outside of the third quartile, but cannot be considered an outlier. C) This value falls outside the upper outlier boundary and is considered an outlier. D) This sale price falls between the lower and upper outlier boundaries so it can be considered a potential outlier
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