Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Pharmaceutical Company Sales. Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8408 1374 1872 8879 2459 11413 608 14138 6452 1850 2818
- Pharmaceutical Company Sales.Annual sales, in millions of dollars, for 21 pharmaceutical companies follow.
-
- 8408
- 1374
- 1872
- 8879
- 2459
- 11413
- 608
- 14138
- 6452
- 1850
- 2818
- 1356
- 10498
- 7478
- 4019
- 4341
- 739
- 2127
- 3653
- 5794
- 8305
- Provide a five-number summary.
- Compute the lower and upper limits.
- Do the data contain any outliers?
- 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 inpart (c)identify this problem and allow for correction of the data entry error?
- Show a boxplot.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started