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Get Full Access to Basic Statistics For Business And Economics - 7 Edition - Chapter 4 - Problem 8e
Get Full Access to Basic Statistics For Business And Economics - 7 Edition - Chapter 4 - Problem 8e

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# The box plot shows the undergraduate in-state charge per

ISBN: 9780077384470 64

## Solution for problem 8E Chapter 4

Basic Statistics for Business and Economics | 7th Edition

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Problem 8E

Problem 8E

The box plot shows the undergraduate in-state charge per credit hour at four-year public colleges.

a. Estimate the median.

b. Estimate the first and third quartiles.

c. Determine the interquartile range.

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

e. Identify any outliers and estimate their value.

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

Step-by-Step Solution:

Solution:

Step 1 of 7:

The box plot of undergraduate in-state charge per credit hours is given.

Using this we need to find the required values.

The box plot given is

Step 2 of 7

Step 3 of 7

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