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Use the Following Table to Answer the Questions -Which Student in This Data Set Is an Outlier

question 20

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Use the following Table to answer the Questions:  Hours spent  partying per  week (x)104005602012 GPA (y)3.40.53.93.74.01.33.1\begin{array} { | l | c | c | c | c | c | c | c | } \hline \begin{array} { l } \text { Hours spent } \\\text { partying per } \\\text { week } ( x )\end{array} & 10 & 40 & 0 & 5 & 60 & 20 & 12 \\\hline \text { GPA } ( y ) & 3.4 & 0.5 & 3.9 & 3.7 & 4.0 & 1.3 & 3.1 \\\hline\end{array}
-Which student in this data set is an outlier?

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Definitions:

Unemployment

The situation when individuals who are capable of working and are actively seeking employment are unable to find a job.

Production Possibilities Curve

A curve depicting all maximum output possibilities for two goods, given a set of inputs and technology.

Unemployment Rate

The fraction of the labor market actively in pursuit of work but is currently jobless.

Opportunity Cost

The expense associated with giving up the second-best choice in favor of opting for the preferred alternative in any decision-making process.

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