I an Outlier Is a Value in a Data Set

question 131

Multiple Choice

i. An outlier is a value in a data set that is inconsistent with the rest of the data. ii. The interquartile range is the difference between the values of the first and third quartile, indicating the range of the middle fifty percent of the observations.
iii. A percentile divides a distribution into one hundred equal parts.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and, (ii) are correct statements but not (iii).
• C) (i) and, (iii) are correct statements but not (ii).
• D) (i) is a correct statement, but not (ii) or (iii).
• E) (i), (ii) and (iii) are all false statements.

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Definitions:

Declaration

A formal or explicit statement or announcement.

Consideration

Generally, the value given in return for a promise or a performance. The consideration, which must be present to make the contract legally binding, must be something of legally sufficient value and must be bargained for.

Objective Theory

A principle that states the intention of parties in a contract is determined by their outward expressions and acts, rather than by their subjective intentions.

Subjective Fact

A statement or idea based on personal opinions, interpretations, points of view, or emotions rather than on objective evidence.