What Is the Potential Drawback of Usage of Boxplots? ​

question 8

Multiple Choice

What is the potential drawback of usage of boxplots? ​

• A) Usage of boxplots is ineffective for large sets of data.
• B) Usage of boxplots is ineffective for small sets of data.
• C) A boxplot does not provide a graphical display of the data distribution.
• D) A boxplot does not provide information about symmetry or skewness of the data.
• E) A boxplot is one of very few statistical graph methods that do not show outliers.
• ​

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Definitions:

Depreciation Method

An accounting technique used to allocate the cost of a tangible asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.

Adjusting Journal Entries

Entries made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Accumulated Depreciation

The aggregate depreciation cost that has been accounted for a particular asset since its first operational use.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life for accounting purposes, reflecting wear and tear.