PICKING THE RIGHT RIVER
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The store that has a greater variety of numbers of wristbands sold is the store whose box plot has a greater IQR value.
<h3>How do we Determine Variability in a Box Plot?</h3>- Variability of a data distribution that is represented by a box plot can be determined by the interquartile range (IQR) = Upper Quartile (Q3) - Lower Quartile (Q1).
- See the diagram attached below to understand how to get the Q3 and Q1 of the data distribution.
In conclusion, variability is a measure of IQR. The greater the IQR of a box plot, the greater the variety. Thus, the store that has a greater variety of numbers of wristbands sold is the store whose box plot has a greater IQR value.
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The panel that best describes what happens in this market if there is an increase in the productivity of almond harvesters is Panel (a).
<h3>What is demands?</h3>Demand is known to be the rate or the quantity of consumers who are known to be readily available or willing and able to buy a given products at any prices in course of a given period of time.
Note that the Demand for any commodity is one that tells that the consumers' need to get the good, their willingness also to pay for it.
Therefore, The panel that best describes what happens in this market if there is an increase in the productivity of almond harvesters is Panel (a) because it is the one among the options that tells us about the increase in productivity.
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