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Box plots or box-whisker plots give a good graphical image of the concentration of the data. They also show how far from most of the data the extreme values are. The box plot is constructed from five values: the smallest value, the first quartile, the median, the third quartile, and the largest value. The median, the first quartile, and the third quartile will be discussed here, and then again in the section on measuring data in this chapter. We use these values to compare how close other data values are to them.

The median , a number, is a way of measuring the "center" of the data. You can think of the median as the "middle value," although it does not actually have to be one of the observed values. It is a number that separates ordered data into halves. Half the values are the same number or smaller than the median and half the values are the same number or larger. For example, consider the following data:

  • 1
  • 11.5
  • 6
  • 7.2
  • 4
  • 8
  • 9
  • 10
  • 6.8
  • 8.3
  • 2
  • 2
  • 10
  • 1

Ordered from smallest to largest:

  • 1
  • 1
  • 2
  • 2
  • 4
  • 6
  • 6.8
  • 7.2
  • 8
  • 8.3
  • 9
  • 10
  • 10
  • 11.5

The median is between the 7th value, 6.8, and the 8th value 7.2. To find the median, add the two values together and divide by 2.

6.8 7.2 2 7

The median is 7. Half of the values are smaller than 7 and half of the values are larger than 7.

Quartiles    are numbers that separate the data into quarters. Quartiles may or may not be part of the data. To find the quartiles, first find the median or second quartile. The first quartile is the middle value of the lower half of the data and the third quartile is the middle value of the upper half of the data. To get the idea, consider the same data set shown above:

  • 1
  • 1
  • 2
  • 2
  • 4
  • 6
  • 6.8
  • 7.2
  • 8
  • 8.3
  • 9
  • 10
  • 10
  • 11.5

The median or second quartile is 7. The lower half of the data is 1, 1, 2, 2, 4, 6, 6.8. The middle value of the lower half is 2.

  • 1
  • 1
  • 2
  • 2
  • 4
  • 6
  • 6.8

The number 2, which is part of the data, is the first quartile . One-fourth of the values are the same or less than 2 and three-fourths of the values are more than 2.

The upper half of the data is 7.2, 8, 8.3, 9, 10, 10, 11.5. The middle value of the upper half is 9.

  • 7.2
  • 8
  • 8.3
  • 9
  • 10
  • 10
  • 11.5

The number 9, which is part of the data, is the third quartile . Three-fourths of the values are less than 9 and one-fourth of the values are more than 9.

To construct a box plot, use a horizontal number line and a rectangular box. The smallest and largest data values label the endpoints of the axis. The first quartile marks one end of the box and the third quartile marks the other end of the box. The middle fifty percent of the data fall inside the box. The "whiskers" extend from the ends of the box to the smallest and largest data values. The box plot gives a good quick picture of the data.

You may encounter box and whisker plots that have dots marking outlier values. In those cases, the whiskers are not extending to the minimum and maximum values.

Consider the following data:

  • 1
  • 1
  • 2
  • 2
  • 4
  • 6
  • 6.8
  • 7.2
  • 8
  • 8.3
  • 9
  • 10
  • 10
  • 11.5

The first quartile is 2, the median is 7, and the third quartile is 9. The smallest value is 1 and the largest value is 11.5. The box plot is constructed as follows (see calculator instructions in the back of this book or on the TI web site ):

Questions & Answers

differentiate between demand and supply giving examples
Lambiv Reply
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Lambiv
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appreciation
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Ezea
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other things being equal
AI-Robot
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Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
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Shukri
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Shukri
what is monopoly mean?
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What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
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Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
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Jabir
What do you think is more important to focus on when considering inequality ?
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Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
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In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
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Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
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suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
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Source:  OpenStax, Collaborative statistics. OpenStax CNX. Jul 03, 2012 Download for free at http://cnx.org/content/col10522/1.40
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