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Thirty Four College Students Were Asked How Much Money

Calculate the interquartile range for the data. Multiply the interquartile range (IQR) by 1.5 (a constant used to discern outliers). Add 1.5 x (IQR) to the third quartile. Any number greater than this is a suspected outlier.

How do you calculate the outliers?

Determining Outliers Multiplying the interquartile range (IQR) by 1.5 will give us a way to determine whether a certain value is an outlier. If we subtract 1.5 x IQR from the first quartile, any data values that are less than this number are considered outliers.

Why is 1.5 IQR rule?

When scale is taken as 1.5, then according to IQR Method any data which lies beyond 2.7u03c3 from the mean (u03bc), on either side, shall be considered as outlier. And this decision range is the closest to what Gaussian Distribution tells us, i.e., 3u03c3.

How do you find Q1 and Q3 outliers?

The interquartile range is often used to find outliers in data. Outliers here are defined as observations that fall below Q1 u2212 1.5 IQR or above Q3 + 1.5 IQR.

How do you calculate Q1 and Q3?

Formula for Lower quartile (Q1) = N + 1 multiplied by (1) divided by (4) Formula for Middle quartile (Q2) = N + 1 multiplied by (2) divided by (4) Formula for Upper quartile (Q3) = N + 1 multiplied by (3) divided by (4) Formula for Interquartile range = Q3 (upper quartile) – Q1 (lower quartile)

What is IQR statistics?

In descriptive statistics, the interquartile range tells you the spread of the middle half of your distribution. Quartiles segment any distribution that’s ordered from low to high into four equal parts. The interquartile range (IQR) contains the second and third quartiles, or the middle half of your data set.

What is the formula for finding Q1 and Q3?

How to Calculate QuartilesOrder your data set from lowest to highest values.Find the median. This is the second quartile Q2.At Q2 split the ordered data set into two halves.The lower quartile Q1 is the median of the lower half of the data.The upper quartile Q3 is the median of the upper half of the data.

What is the formula for interquartile range?

The interquartile range formula is the first quartile subtracted from the third quartile: IQR = Q3 – Q1.

What is Q1 and Q3 in Excel?

First Quartile, Q1: It is also known as the lower quartile where 25% of the scores fall below it. Median (middle value) or second quartile: It is basically the mid-value in the dataset. Third Quartile, Q3: It is also known as the Upper quartile in which 25% of the data is above it and the rest 75% falls below it.

How do you calculate interquartile range?

To find the interquartile range (IQR), u200bfirst find the median (middle value) of the lower and upper half of the data. These values are quartile 1 (Q1) and quartile 3 (Q3). The IQR is the difference between Q3 and Q1.

How do you find Q1 and Q3 interquartile range?

Quartile Formula: There are four different formulas to find quartiles: Formula for Lower quartile (Q1) = N + 1 multiplied by (1) divided by (4) Formula for Middle quartile (Q2) = N + 1 multiplied by (2) divided by (4) Formula for Upper quartile (Q3) = N + 1 multiplied by (3) divided by (4)

What is the formula for Q1 and Q3?

There are 5 values above the median (upper half), the middle value is 77 which is the third quartile. The interquartile range is 77 – 64 = 13; the interquartile range is the range of the middle 50% of the data.

How do you find Q1 and Q3 in grouped data?

Q1 is the median (the middle) of the lower half of the data, and Q3 is the median (the middle) of the upper half of the data. (3, 5, 7, 8, 9), | (11, 15, 16, 20, 21). Q1 = 7 and Q3 = 16.

More Answers On thirty four college students were asked how much money

[Expert Verified] Thirty-four college students were asked how much …

Based on the stemplot, write a few sentences describing the distribution of money spent on textbooks for the 34 students. Expert-verified answer MrRoyal Outliers are data elements that are relatively far from other data elements The outlier of the dataset is $810 The distribution of the stem-plot is right skewed. (a) The outlier

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Question:Thirty-four college students were asked how much money they spent on textbooks for the current semester. Their responses are shown in the following stemplot.

Thirty Four College Students Were Asked How Much Money

Apr 24, 2022Thirty Four College Students Were Asked How Much Money. MT_Trevon.219 April 24, 2022. News Amires. 2. Student Athletes Should Get Paid College Students Say.

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1. Thirty-four college students were asked how much money they spent on textbooks for the current semester. Their responses are shown in the following stemplot. Key:1|2 = $120 a) Describe a procedure for identifying potential outliers, and use the procedure to decide whether there are outliers among the responses for the money spent on textbooks.

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Indicate clearly the methods you use, because you will be scored on the correctness of your methods as well as on the accuracy and completeness of your results and explanations. Thirty-four college students were asked how much money they spent on textbooks for the current semester. Their responses are shown in the following stemplot.

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Oct 28, 2019When college students were asked to write a simple essay about money, the themes that emerged were so much more than kids learning to manage money. … Annual tuition at four-year public colleges …

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Thirty-four college students were asked how much money they spent on textbooks for the current semester. Their responses are shown in the following stemplot. 1 2 3 3 4 5 5 6 7 8 2 1 2 3 4 5 6 8 8 9 9 9 3 1 2 2 7 8 9 4 1 4 5 7 5 1 3 6 2 7 8 1 Key: 1|2 = $120 a.

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Thirty-four college students were asked how much money they spent on textbooks for the current semester. Their responses are shown in the following stemplot. a. Describe a procedure for identifying potential outliers, and use the procedure to decide whether there are outliers among the responses for the money spent on textbooks.

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Apr 6, 2022Key: 1/2 – $120 (a) Describe a procedure for identifying potential outliers, and use the procedure to decide whether there are outliers among the responses for the money spent on textbooks (b) Based on the stemplot, write a few sentences describing the distribution of money spent on textbooks for the 34 students. Apr 06 2022 07:43 AM

Answered: Thirty-four college students were asked… | bartleby

Thirty-four college students were asked how much money they spent on textbooks for the current semester. Their responses are shown in the following stemplot. Describe a procedure for identifying potential outliers, and use the procedure to decide whether there are outliers among the responses for the money spent on textbooks.

Students were asked how much money, to the nearest whole dollar, they …

Students were asked how much money, to the nearest whole dollar, they spent on entertainment in one month. A total of 28 students responded. Nineteen students spent $20 or more. Twenty-five students spent $10 or more. Nine students spent between $30 and $39. No one spent more than $39. Draw a histogram that represents the data.

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Page 10 38 Thirty students were asked How much time did you spend studying for from STATS QNM223 at Seneca College

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Fifteen students were asked how much money they spent to the nearest whole dollar, in the school cafeteria one week. Their responses were $ = [2,3,5,6,9,11,11,12,12,12,14,15,15,17,19] 1 See answer Display the data in a histogram. …

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A separate study of internal prices of one textbook retailer found that prices had decreased 26 percent in the last year. According to the survey of more than 20,000 students across 41 institutions conducted by the National Association of College Stores, students on average spent $415 on course materials in the 2018-19 academic year, down from …

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Students were asked how much money, to the nearest whole dollar, they …

Students were asked how much money, to the nearest whole dollar, they spent on entertainment in one month. A total of 28 students responded. Nineteen students spent $20 or more. Twenty-five students spent $10 or more. Nine students spent between $30 and $39. No one spent more than $39. Draw a histogram that represents the data.

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Some students were given money when expenses arose, rather than as a proscribed regular weekly amount. The consensus among the hundreds of parents who did send their college students spending money was that the range should be between $25-$75 a week for a student living on campus. The most common answer was $50 a week or $200 a month.

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Oct 28, 2019When college students were asked to write a simple essay about money, the themes that emerged were so much more than kids learning to manage money. … Annual tuition at four-year public colleges …

Fifteen students were asked how much money they spent to the nearest …

Fifteen students were asked how much money they spent to the nearest whole dollar, in the school cafeteria one week. Their responses were $ = [2,3,5,6,9,11,11,12,12,12,14,15,15,17,19] 1 See answer Display the data in a histogram. …

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