Suppose automobile insurance companies gave annual premiums for top-rated companies in several states. The figure below shows box plots for the annual premium for urban customers in three states.   Which state offers the lowest premium? Which state offers the highest premium?

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A: Topic :- Algebra

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Q: Define the term scatterplot?

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Q: Which state has the smallest range of premiums?

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Q: What percentage of the blocks are red?

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Confidence Intervals

When we calculate intervals in probability and statistics, it can be simply termed as finding out a confidence interval. The confidence interval is usually calculated from the data set which is observed. The value of the parameter that needs to be calculated is present here only.