Question: The following five-point summary and boxplot represent the salaries (in $) of 100 employees at a large firm. a. Interpret Q1 and Q3. b. Do

The following five-point summary and boxplot represent the salaries (in $) of 100 employees at a large firm.

Median Min Q1 Max 70,267 221,086 13,305 116,288 46,702 50,000 100,000 150,000

200,000 Salary

a. Interpret Q1 and Q3.

b. Do outliers exist in the data? Explain.

c. Is the distribution symmetric? If not, comment on its skewness.

Median Min Q1 Max 70,267 221,086 13,305 116,288 46,702 50,000 100,000 150,000 200,000 Salary

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a Q1 Approximately 25 percent of the employees earn less than 46702 and approximately 75 of the e... View full answer

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