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The Overriding Application of the Joint Code of Ethics of CPA

question 8

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The overriding application of the joint code of ethics of CPA Australia and the Institute of Chartered Accountants in Australia is:


Definitions:

Extreme Values

Values in a data set that are significantly higher or lower than the majority of the observations.

Box Plot

A standardized way of displaying the distribution of data based on a five number summary: minimum, first quartile, median, third quartile, and maximum.

Distribution

The method by which something is distributed among a group or dispersed across an area.

Third Quartile

The value below which 75% of the data in a data set falls, or the upper quartile in a distribution of data.

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