Boxplots Shown below is a STATDISKgenerated boxplot of the amounts of money (in millions of dollars) that movies grossed (based on data from the Motion Picture Association of America). What do the displayed values of 5, 47, 104, 121, and 380 tell us?

Problem 3BSC

Answer:

Step1 of 3:

We have Shown below is a STATDISK-generated boxplot of the amounts of money (in millions of dollars) that movies grossed (based on data from the Motion Picture Association of America).

Step2 of 3:

We need to find what do the displayed values of 5, 47, 104, 121, and 380 tell us?

Step3 of 3:

From the above box plot we can say that the lowest amount is $5 million, the first quartile Q1 is $47 million, the second quartile Q2 (or median) is $104 million, the third quartile Q3 is $121 million, and the highest gross amount is $380 million.