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The Following Data Are the Heights (In Cm) of the 25

question 52

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The following data are the heights (in cm) of the 25 students in a business statistics class: 164148137157173156177172169165145168163162174152156168154151174146134140171\begin{array} { | l | l | l | l | l | l | l | l | l | l | } \hline 164 & 148 & 137 & 157 & 173 & 156 & 177 & 172 & 169 & 165 \\\hline 145 & 168 & 163 & 162 & 174 & 152 & 156 & 168 & 154 & 151 \\\hline 174 & 146 & 134 & 140 & 171 & & & & & \\\hline\end{array} a. Construct a box plot for the heights.
b. State the interquartile range and identify any outliers.
c. Compare the information regarding skewness conveyed by your box plot with that shown by a
histogram.

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Definitions:

Net Realizable Value

The estimated selling price of goods, minus the costs of their completion and disposal, used in valuing inventory and accounts receivable.

Profit Margin

A financial metric representing the percentage of revenue that remains as profit after accounting for the cost of goods sold and other expenses.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or completion and any necessary transportation costs.

Floor Constraint

The minimum value that recognized revenue can fall to due to constraints in revenue recognition, ensuring that reported revenue is not understated.

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