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The prices of 14 different randomly selected \( 35-\mathrm{mm} \) compact cameras are as follows: \( \$ 169, \$ 225, \$ 129, \$ 175, \$ 299, \$ 140, \$ 215, \$ 239, \$ 1, \$ 99, \$ 149, \$ 219 \), \( \$ 120 \), and \( \$ 144 \). Use the interquartile range approach \( \left(Q_{1}-1.5 \times\right. \) IQR, \( Q_{3}+1.5 \times \) IQR) to find whether any of the amounts are outliers. List any outliers. Select all that apply. 239 none of these 90 1

Ask by Carroll Bates. in the United States
Dec 07,2024

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Tutor-Verified Answer

Answer

There are no outliers.

Solution

To determine if there are any outliers in the given prices of the cameras using the interquartile range (IQR) method, we first need to calculate the first quartile \( Q_1 \), the third quartile \( Q_3 \), and the IQR itself. ### Step 1: Sort the Data First, let's sort the prices in ascending order: \[ 1, 99, 120, 129, 140, 144, 149, 169, 175, 215, 219, 225, 239, 299 \] ### Step 2: Calculate \( Q_1 \) and \( Q_3 \) - **Finding \( Q_1 \)**: This is the median of the first half of the data. - The first half (lower half) is: \( 1, 99, 120, 129, 140, 144, 149 \) - The median of this half (7 values) is the 4th value: \( Q_1 = 129 \) - **Finding \( Q_3 \)**: This is the median of the second half of the data. - The second half (upper half) is: \( 169, 175, 215, 219, 225, 239, 299 \) - The median of this half (7 values) is the 4th value: \( Q_3 = 219 \) ### Step 3: Calculate the IQR \[ \text{IQR} = Q_3 - Q_1 = 219 - 129 = 90 \] ### Step 4: Determine the Outlier Boundaries - **Lower Bound**: \( Q_1 - 1.5 \times \text{IQR} = 129 - 1.5 \times 90 = 129 - 135 = -6 \) - **Upper Bound**: \( Q_3 + 1.5 \times \text{IQR} = 219 + 1.5 \times 90 = 219 + 135 = 354 \) ### Step 5: Identify Outliers Now we check which values fall outside the range \([-6, 354]\): - All values in the dataset are within this range. ### Conclusion Since all the prices are within the bounds of \(-6\) and \(354\), there are no outliers in the dataset. Thus, the answer is: **none of these**.

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To determine if there are any outliers in the prices of the cameras using the interquartile range (IQR) approach, we first have to calculate \( Q_1 \) (the first quartile) and \( Q_3 \) (the third quartile). 1. **Order the Prices**: - \( 1, 99, 120, 129, 140, 144, 149, 169, 175, 215, 219, 225, 239, 299 \) 2. **Find \( Q_1 \) and \( Q_3 \)**: - The median (Q2) is the average of the 7th and 8th values, which are \( 149 \) and \( 169 \): - \( Q_2 = \frac{149 + 169}{2} = 159 \) - \( Q_1 \) is the median of the first half \( (1, 99, 120, 129, 140, 144, 149) \): the 4th value is \( 129 \). - \( Q_3 \) is the median of the second half \( (169, 175, 215, 219, 225, 239, 299) \): the 4th value is \( 219 \). 3. **Calculate IQR**: - \( IQR = Q_3 - Q_1 = 219 - 129 = 90 \) 4. **Determine Outlier Boundaries**: - Lower bound: \( Q_1 - 1.5 \times IQR = 129 - 1.5 \times 90 = 129 - 135 = -6 \) - Upper bound: \( Q_3 + 1.5 \times IQR = 219 + 1.5 \times 90 = 219 + 135 = 354 \) 5. **Identify Outliers**: - Any value below \(-6\) or above \(354\) is an outlier. Since no prices fall below \(-6\) and none exceed \(354\), there are no outliers. Given the provided options: "239", "none of these", "90", "1", the selection here based on our calculation indicates **none of these** are outliers, reaffirming that all observed prices are well within the calculated range.

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