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An insurance company experienced the following mobile home
Chapter 6, Problem 4E(choose chapter or problem)
An insurance company experienced the following mobile home losses in \(10,000 ' s\) of dollars for 50 catastrophic events:
1 2 2 3 3 4 4 5 5 5
5 6 7 7 9 9 9 10 11 12
22 24 28 29 31 33 36 38 38 38
39 41 48 49 53 55 74 82 117 134
192 207 224 225 236 280 301 308 351 527
(a) Find the five-number summary of the data and draw a box-and-whisker diagram.
(b) Calculate the IQR and the locations of the inner and outer fences.
(c) Draw a box plot that shows the fences, suspected outliers, and outliers.
(d) Describe the distribution of losses. (See Exercise 6.1-6.)
Equation Transcription:
Text Transcription:
10,000’s
Questions & Answers
QUESTION:
An insurance company experienced the following mobile home losses in \(10,000 ' s\) of dollars for 50 catastrophic events:
1 2 2 3 3 4 4 5 5 5
5 6 7 7 9 9 9 10 11 12
22 24 28 29 31 33 36 38 38 38
39 41 48 49 53 55 74 82 117 134
192 207 224 225 236 280 301 308 351 527
(a) Find the five-number summary of the data and draw a box-and-whisker diagram.
(b) Calculate the IQR and the locations of the inner and outer fences.
(c) Draw a box plot that shows the fences, suspected outliers, and outliers.
(d) Describe the distribution of losses. (See Exercise 6.1-6.)
Equation Transcription:
Text Transcription:
10,000’s
ANSWER:Step 1 of 5
Given that,
An insurance company experienced the following mobile home losses in 10,000?s of dollars for 50 catastrophic events.