14) The selling prices of mutual funds change daily. In order to study these changes, a...

14) The selling prices of mutual funds change daily. In order to study these changes, a sample of mutual funds was examined and the daily changes in price are listed below. (Round answers to 3 decimal places). 0.32, -0.17, 0.26, -0.03, -0.01, 0.18, 0.33, 0.28, 0.02, -0.29, -0.08, 0.12, 0.07, 0.03, 0.28

a) Using a calculator find Q1, Q3, median and IQR

b) Determine the lower and upper fences. (Show work)

(c) Identify the outliers (if any) in this set (Credit only if parts (a) and (b) are correct)

Expert Solution

orchestra answered 1 year ago

The selling prices of mutual funds change daily. In order to study these changes, a sample...

The selling prices of mutual funds change daily. In order to study these changes, a sample of mutual funds was examined and the daily changes in price are listed below. (Round answers to 3 decimal places) 0.32, -0.17, 0.26, -0.03, -0.01, 0.18, 0.33, 0.28, 0.02, -0.29, -0.08, 0.12, 0.07, 0.03, 0.28 a) (4 Points) Using a calculator find Q1, Q3, median and IQR b) (6 Points) Determine the lower and upper fences. (Show work) (b) (3 Point) Identify the outliers...

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