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This is a business analytics course. I need the codes that generate the following answers for question 32. I am using R software on Postit
This is a business analytics course. I need the codes that generate the following answers for question 32. I am using R software on Postit Cloud. I also attached the file below. This question is based off of this book. Product: Business Analytics
Edition: 2nd
Author:Sanjiv Jaggia,Alison Kelly,Kevin Lertwachara,Leida Chen
ISBN10:1265686726
Course Hero X Exercises 3.3 X M eBooks - My Bookshelf * + v C go prod.reader-ui.prod.mheducation.com/epub/sn_6855/data-uuid-4c1c449bc8c54765a954e188eee43873 : Aa 32. FILE Debt. The accompanying data file shows the average monthly debt payments (Debt in $) for residents of 26 metropolitan areas. a. Construct a boxplot for the Debt variable. Does the boxplot suggest that outliers exist? Answer The boxplot suggests that there are no outliers for the Debt variable. b. Use z-scores to determine if there are any outliers for the Debt variable. Are your results consistent with part a? Explain why or why not. Answer x = 983.4615; s = 124.6086. The smallest and the largest observations for the Debt variable are 763 and 1,285, respectively. The z-score for the smallest observation is 763 - 983.4615 Z = = -1.7692 124.6086 The z-score for the largest observation is 1,285 - 983.4615 Z = = 2.4199 124.6086 Since the absolute value of both z-scores is less than 3, we conclude that there are no outliers for the Debt variable. This is consistent with the boxplot, which showed no outliersStep by Step Solution
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