Ages of Jockeys the Following Data Represent the Ages in Years

question 8

Essay

Ages of Jockeys The following data represent the ages in years of a sample of 25 jockeys from a local race track: 31, 43, 56, 23, 49, 42, 33, 61, 44, 28, 48, 38, 44, 35, 40, 64, 52, 42, 47, 39, 53, 27, 36, 35, and 20. {Ages of Jockeys Narrative}
a. Construct a box plot for the ages and identify any extreme values.
b. What does the box plot tell you about the distribution of the data?

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Definitions:

Verticals

Specific business sectors or categories of industry that companies are engaged in or serve.

Goods Manufactured

The total quantity of finished goods produced by a company over a specific period.

Period Costs

Expenses that are not directly tied to the production process and are instead related to time periods, such as rent and utilities.

Product Costs

The costs directly incurred in the production of goods, including materials, labor, and manufacturing overhead.