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i. An outlier is a value in a data set that is inconsistent with the rest of the data.
ii. The interquartile range is the difference between the values of the first and third quartile, indicating the range of the middle fifty percent of the observations.
Iii) A student scored in the 85 percentile on a standardized test. This means that the student scored lower than 85% of the rest of the students taking the test.
Uncertain Variable
A variable with ambiguous or unknown values, often used in contexts requiring decision-making under uncertainty.
Crystal Ball
A forecasting and simulation software tool used for predicting and analyzing future scenarios in business and finance.
Automobile Rental
The service of renting cars for short periods of time, often ranging from a few hours to a few weeks, typically organized with multiple local branches.
Layouts' Constraints
Rules or limitations that govern the arrangement and spacing of elements within a visual or physical design.
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