Club Z is in receipt of new electronics to control the lighting on its dance floor. The invoice, dated June 9, shows the total cost of the equipment as $14,350. Shipping charges amount to $428, and insurance is $72.80. Terms of sale are 2/10 prox. If the invoice is paid on July 9, what is the net amount due?
BoxPlot is a way to show 5 number summary. The actual boxcovers the middle 50% of data (from Q1 to Q3) Multiple box plots are used to make comparisons. DotPlot are used to display 5 number summary as well. It is generally used for smaller data because a dot is used for each individual value. Where do outliars come from Human error, data entered wrong Improper values, ex. Weight can be lb or kg Could be a correct respond but just not fit in Use the IQR x 1.5 to find suspected outliers Relative Frequency Interpretation When doing a large number of trials, this is the probablitiy of an outcome as the proportion of times it would occur over the many trials. Ex. Flipping a coin Personal Interpretations Personal or subjective probability is the degree of which you predict things will happen, or your gut feelings. This has a large degree of bias and inaccuracy. Sample Space (S) is the set of all possible outcomes of a random phenomenon. An event is the single or set of outcomes. The complement of an event is its opposite.
