The box plot below shows the amount spent for books and supplies per year by students at

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The box plot below shows the amount spent for books and supplies per year by students at four-year public colleges.

--- + + 1,000 1,200 1,400 1,600 1,800 $2,000 + 200 400 600 800

a. Estimate the median amount spent.

b. Estimate the first and third quartiles for the amount spent.

c. Estimate the interquartile range for the amount spent.

d. Beyond what point is a value considered an outlier?

e. Identify any outliers and estimate their values.

f. Is the distribution symmetrical or positively or negatively skewed?

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Related Book For  book-img-for-question

Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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