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Name: Class: AU5: Notes #3 BoxandWhisker Date: Vocabulary: BoxandWhisker Plot is a data display that divides a set of data into four parts. The median or second quartile separates the set into two
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How to fill out five number summary
How to fill out five number summary:
01
Determine the minimum value in the dataset. This is the smallest value present.
02
Find the first quartile (Q1). This is the value that separates the lowest 25% of the dataset from the rest. To find it, arrange the data in ascending order and calculate the median of the lower half.
03
Calculate the second quartile (Q2), also known as the median. This is the value that splits the dataset in half, so that 50% of the values are above and 50% are below it. Re-arrange the data in ascending order and find the middle value. If there is an even number of observations, take the average of the two middle values.
04
Determine the third quartile (Q3). This value separates the highest 25% of the dataset from the rest. Arrange the data in ascending order and find the median of the upper half.
05
Identify the maximum value in the dataset. This is the largest value present.
Who needs five number summary:
01
Researchers and statisticians often use the five number summary to gain insights into the distribution of data. It provides a concise summary that includes measures of central tendency (median) and the spread (interquartile range).
02
Data analysts and data scientists use the five number summary to understand the variability and outliers in a dataset. It helps in identifying extreme values or unusual behavior.
03
Business professionals may use the five number summary to analyze sales, customer behavior, or other relevant data. It enables them to understand the overall distribution and make informed decisions based on the summary statistics.
04
Educators and instructors might utilize the five number summary in teaching statistics or data analysis. It provides a simplified yet meaningful description of the data that can be easily understood by students.
05
Individuals who are interested in exploring data or conducting exploratory data analysis can benefit from the five number summary. It provides a quick overview of the dataset without the need for complex calculations or statistical knowledge.
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