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Solve the Problem. -The Boxplots Display Case Prices (In Dollars)of White Wines Produced

question 45

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Solve the problem.
-The boxplots display case prices (in dollars) of white wines produced by three vineyards in the western United States. Describe these wine prices. Solve the problem. -The boxplots display case prices (in dollars) of white wines produced by three vineyards in the western United States. Describe these wine prices.    A) Vineyards A and B have about the same average price; the boxplots show similar medians and similar IQRs. Vineyard C has higher prices except for one potential outlier, and a less Variation in pricing as shown by the smaller IQR and overall range. Distributions A and B are Approximately symmetric, while distribution C is right-skewed. B) Vineyards A and B have different average prices, but a similar variation. Vineyard C has lower prices except for one potential outlier, and less variation in pricing as shown by the Smaller IQR. The distributions for A and B are approximately symmetric, while the Distribution for C is right-skewed. C) Vineyards A and B have about the same average price; the boxplots show similar medians and similar IQRs. Vineyard C has higher prices except for one potential outlier, and less Variation in pricing as shown by the smaller IQR and overall range. All three distributions Are roughly symmetric. D) Vineyards A and B have about the same average price; the boxplots show similar medians and similar IQRs. Vineyard C has consistently higher prices except for one potential outlier, But more variation in pricing as shown by the larger IQR. The distributions for A and B are Approximately symmetric, while the distribution for C is right-skewed.


Definitions:

Nearly Normal Condition

A term used in statistics to describe a distribution that is close to, but not perfectly, a normal distribution.

Nearly Normal Condition

A prerequisite for certain statistical tests that the distribution of the data should be approximately normal.

Standard Deviation

A metric that calculates the degree of spread or scattering within a data set.

Nearly Normal Condition

Nearly normal condition refers to a situation where a dataset or distribution closely approximates a normal distribution, meeting certain criteria for statistical analyses.

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