In: Statistics and Probability
What are the values that make up the 5-number summary? What types of value are they?
A summary consists of five values:
1.Maximum value.
2.Minimum value.
3.Lower quartile
4.Upper quartile
5.median.
These values are presented together and ordered from lowest to highest: minimum value, lower quartile (Q1), median value (Q2), upper quartile (Q3), maximum value.using a box-plot(whisker-plot)
These values have been selected to give a summary of a data set because each value describes a specific part of a data set: the median identifies the centre of a data set; the upper and lower quartiles span the middle half of a data set; and the highest and lowest observations provide additional information about the actual dispersion of the data. This makes the five-number summary a useful measure of spread.
For example:
A year ago, Angela began working at a computer store. Her supervisor asked her to keep a record of the number of sales she made each month:
The following data set is a list of her sales for the last 12 months:
34, 47, 1, 15, 57, 24, 20, 11, 19, 50, 28, 37.
Use Angela's sales records to find:
Answers
The values in ascending order are:
1, 11, 15, 19, 20, 24, 28, 34, 37, 47, 50, 57
FiVE-NUMBER SUMMARY:
MAXIMUM VALUE | 57 |
MINIMUM VALUE | 1 |
MEDIAN | 26 |
LOWER QUARTILE | 17 |
UPPER QUARTILE | 42 |
please rate my answer and comment for doubts.