Question: For a normal distribution, show that (a) The upper quartile equals + 0.67. (b) According to the 1.5(IQR) criterion, an outlier is an observation

For a normal distribution, show that

(a) The upper quartile equals μ + 0.67σ.

(b) According to the 1.5(IQR) criterion, an outlier is an observation falling more than 2.7 standard deviations below or above the mean, and this happens for only 0.7% of the data.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Statistical Sampling To Auditing Questions!