We analyzed 50 processing times (listed in Table 2.4) for the development of price quotes by the
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We analyzed 50 processing times (listed in Table 2.4) for the development of price quotes by the manufacturer of industrial wheels. The intent was to determine whether the success or failure in obtaining the order was related to the amount of time to process the price quotes. Each quote that corresponds to “lost” business was so classified. Use a statistical software package to draw a box plot for all 50 processing times. What does the box plot reveal about the data? Identify any outliers in the data set.
Related Book For
Statistics For Business And Economics
ISBN: 9781292227085
13th Global Edition
Authors: Terry Sincich James Mcclave, P. George Benson
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