To make a box and whisker plot, first you write down all of the numbers from least to greatest.
0, 1, 3, 4, 7, 8, 10
The median is 4, so that’s the middle line of the plot.
So now we have: 0, 1, 3, [4,] 7, 8, 10
So next we have to find the 1st and 3rd interquartiles.. 0, [1,] 3, [4,] 7, [8,] 10
Those are the next 2 points you put on the plot.
Lastly, the upper and lower extremes. These are the highest and lowest numbers in the data. [0,] 1, 3, 4, 7, 8, [10]
These are the final points on the plot.
To make the box of a box-and-whisker plot, you plot the 3 Medians of the data: 1, 4, and 8, and connect those to make a box that has a line in the middle at 4.
Next, you plot the upper and lower extremes: 0 and 10, by making “whiskers” that connect to the box. So you draw a line from the extremes to the box.
The roommate receives a pay raise at her part-time job from $9 to $11 per hour and now decides to work 20 hours per week instead to 25 hours per week.
We can see that her rate is decreasing, so her labor supply curve is backward sloping or also called backward bending.
It is mostly found that worker's labor supply curve, slopes upward when they get lower wages and the curve bends backward when they get higher wages because a worker tends to work less when his wage rate rises.
The circumference of a circle is equal to pi times the diameter. The diameter is two times the radius, so the equation for the circumference of a circle using the radius is two times pi times the radius
