Construct and Interpret a Boxplot or a Modified Boxplot as Specified

question 99

Multiple Choice

Construct and interpret a boxplot or a modified boxplot as specified.
-The normal monthly precipitation (in inches) for August is listed for 20 different U.S. cities. Construct a boxplot for the data. $\begin{array} { l l l l l } 0.4 & 1.0 & 1.5 & 1.6 & 2.0 \end{array}$
$\begin{array} { l l l l l l } 2.2 & 2.4 & 2.7 & 3.4 & 3.4 \end{array}$
$\begin{array} { l l l l l } 3.5 & 3.6 & 3.6 & 3.7 & 3.7 \\ 3.9 & 4.1 & 4.2 & 4.2 & 7.0 \end{array}$

• A) The data is symmetrical. It is a uniform distribution.
• B) The data is slightly left-skewed.
• C) The data is slightly left-skewed.
• D) The data is highly left-skewed.

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Definitions:

Interest

The fee for the right to borrow money, usually stated as a yearly percentage rate.

Compounded Monthly

Describes an interest calculation method where interest is added to the principal sum of a deposit or loan each month, leading to interest on interest.

Annuity

A financial instrument designed to distribute a steady series of disbursements to a person, commonly utilized as a source of income during retirement.

Amortize

To amortize is to gradually reduce or write off the cost or value of an intangible asset through systematic charges to income over its estimated useful life.