Box plot of income, Applied Statistics

Assignment Help:

The box plot displays the diversity of data for the income; the data ranges from 20 being the minimum value and 1110 being the maximum value. The box plot is positively skewed at 4.27 as the whisker at the top of the box is longer than the whisker at the bottom of the box, thus showing that there are more values at the top end of the box. The lower quartile is basically the 25th percentile which is 100; the median is the 50th percentile which is 120 and the upper quartile is 75th percentile which is 160.

519_box plot2.png

In relation to extreme data for income there are 58 outliers which have been identified on the box plot which deviate significantly from the rest of the distribution of the data:     

Outlier Value

Rows

1110

448

630

757

460

1200

450

1344

430

657

420

1379, 1416

400

1032

360

92, 1225

350

1187, 340, 1193

340

350, 56, 748, 1009

330

898, 903, 1170, 1191, 1143

320

121, 1188, 694, 373

310

345, 775

300

449, 974, 781, 872

290

176, 281, 1385

280

1247, 1171, 997, 485, 222, 181, 165

270

1413, 799, 80, 614, 1042, 1299

260

9, 23, 163, 260, 481, 674, 1210, 1322, 1370,1517

 


Related Discussions:- Box plot of income

Find the rank correlation coefficient, 1. Calculate the mean and mode of: ...

1. Calculate the mean and mode of: Central size 15 25 35 45 55 65 75 85 Frequencies 5 9 13 21 20 15 8 3 The following data shows the monthly expenditure of 80 students of

Variance, Variance The term variance was used to describe the square of...

Variance The term variance was used to describe the square of the standard deviation by R.A.Fisher. The concept of variance is highly important in areas where it is possible to

Conduct a hypothesis testing, Celia is a nurse in a geriatric ward.  She no...

Celia is a nurse in a geriatric ward.  She noticed that older persons in her care are having problems sleeping at night.  She decided to introduce non-pharmocologic ways of relaxat

Determine the maximum process variability, You are going to purchase a part...

You are going to purchase a part from a specialty vendor.  Your company needs a C p of at least 1.67 on a critical dimension of the part.  The dimensional specification for this p

Diversity of data , The box plot displays the diversity of data for the tot...

The box plot displays the diversity of data for the totexp; the data ranges from 30 being the minimum value and 390 being the maximum value. The box plot is positively skewed at 1.

Uses of arithmetic mean, Uses Arithmetic mean is widely used beca...

Uses Arithmetic mean is widely used because of the following reasons: Mean is the simplest average to understand and easy to compute. It

Effect in frequency domain, A) The three images shown below were blurred us...

A) The three images shown below were blurred using square masks of sizes n=23, 25, and 45, respectively. The vertical bars on the le_ lower part of (a) and (c) are blurred, but a c

Standard deviation for grouped data, Grouped data  For ...

Grouped data  For grouped data, the formula applied is  σ = Where f = frequency of the variable, μ= population mea

Predict higpa using a logistic regression, In this problem, we use the CSDA...

In this problem, we use the CSDATA data set, which is available in 'CSDATA.txt'. We do ne an indicator variable, say HIGPA, to be 1 if the GPA is 3.0 or better and 0 other- wise. S

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd