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An insurance company experienced the following mobile home losses in 10,000s of dollars
Chapter 6, Problem 6.2-4(choose chapter or problem)
An insurance company experienced the following mobile home losses in 10,000s of dollars for 50 catastrophic events: 1223344555 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.)
Questions & Answers
QUESTION:
An insurance company experienced the following mobile home losses in 10,000s of dollars for 50 catastrophic events: 1223344555 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.)
ANSWER:Step 1 of 4
The data given is:
{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}
We need to draw the box and whisker plot along with the five point summary.