Question

The table shows the smallest to largest winning payout (per $1 wagered) for winners of the Kentucky Derby, 1970–2011
a. Draw the box plot for the payout data. Use the “1.5 x inter-quartile range” approach to identify any outliers.
b. Use the “3-standard-deviation” approach to identify any outliers. (The mean payout is $10.45; the standard deviation is $11.52.)
c. Calculate the z-score for the value $16.80.


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  • CreatedJuly 16, 2015
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