Provide an Appropriate Response

question 37

Essay

Provide an appropriate response.
-Boxplots are graphs that are useful for revealing central tendency, the spread of the data, the distribution of the data and the presence of outliers. Draw an example of a box plot and comment on each of these characteristics as shown by your boxplot.

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Definitions:

Product Market

A marketplace where final goods or services are offered to consumers, businesses, and the public sector.

Footballs

Spherical objects used in the game of football (soccer) or oval-shaped objects used in American football, both designed for being kicked, thrown, or carried to score points.

Labor

The physical and mental effort used in the production of goods and services.

Physical Capital

Manufactured productive resources, such as buildings and machines; often referred to simply as “capital.”