The highway Loss Data Institute routinely collects data on collision coverage claims. Collision coverage insures aigainst physical damage to an insured individual's vehicle. The data represent a random sample of 18 collision coverage claims based on the data obtained from the highway Loss Data Institute for 2004 models. a) Find and Interpret the first, the second and the third quartiles for collision claims. (For Q2, use the vlookup function) b) Compute the interquartile rangec) Find any outliers.d) Sketch the boxplot and comment on the shape of the distribution. data (in $) 6751 189 10034 9908 1185 735 3461 370 802 2336 1414 618 21147 4668 180 2332 1953 1657
The highway Loss Data Institute routinely collects data on collision coverage claims. Collision coverage insures aigainst physical damage to an insured individual's vehicle. The data represent a random sample of 18 collision coverage claims based on the data obtained from the highway Loss Data Institute for 2004 models. a) Find and Interpret the first, the second and the third quartiles for collision claims. (For Q2, use the vlookup function) b) Compute the interquartile rangec) Find any outliers.d) Sketch the boxplot and comment on the shape of the distribution. data (in $) 6751 189 10034 9908 1185 735 3461 370 802 2336 1414 618 21147 4668 180 2332 1953 1657
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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The highway Loss Data Institute routinely collects data on collision coverage claims. Collision coverage insures aigainst physical damage to an insured individual's vehicle. The data represent a random sample of 18 collision coverage claims based on the data obtained from the highway Loss Data Institute for 2004 models.
a) Find and Interpret the first, the second and the third
b) Compute the interquartile rangec) Find any outliers.d) Sketch the boxplot and comment on the shape of the distribution.
data (in $) | |
6751 | |
189 | |
10034 | |
9908 | |
1185 | |
735 | |
3461 | |
370 | |
802 | |
2336 | |
1414 | |
618 | |
21147 | |
4668 | |
180 | |
2332 | |
1953 | |
1657 | |
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