Answer:
Step-by-step explanation:
The explanation is pinned.
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Use the original price and the markdown to find the retail price.
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Answer:
The IQR is given by:
If we want to find any possible outliers we can use the following formulas for the limits:
And if we find the lower limt we got:
So then the left boundary for this case would be 3 days
Step-by-step explanation:
For this case we have the following 5 number summary from the data of 144 values:
Minimum: 9 days
Q1: 18 days
Median: 21 days
Q3: 28 days
Maximum: 56 days
The IQR is given by:
If we want to find any possible outliers we can use the following formulas for the limits:
And if we find the lower limt we got:
So then the left boundary for this case would be 3 days