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Outliers: To find if there are any outliers, we use the interquartile range (IQR), which is Q3 - Q1 = $54.25 - $44.75 = $9.5.
Outliers: To find if there are any outliers, we use the interquartile range (IQR), which is Q3 - Q1 = $54.25 - $44.75 = $9.5. Any number less than Q1 - 1.5IQR or greater than Q3 + 1.5*IQR is considered an outlier. In this case, Q1 - 1.5*IQR = $44.75 - 1.5$9.5 = $30.875 and Q3 + 1.5IQR = $54.25 + 1.5$9.5 = $68.125. Since all the numbers in the data set are within this range, there are no outliers. restate this but keep in mind its 54.5 and 44.5 not 54.25 and 44.75
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