prices (thousands of dollars)\nwhat is the approximate range of the middle 50% of prices?\nbetween $320,000…
prices (thousands of dollars)\nwhat is the approximate range of the middle 50% of prices?\nbetween $320,000 and $850,000\nbetween $320,000 and $490,000\nbetween $430,000 and $580,000\nbetween $490,000 and $850,000\ndone
Answer
Explanation:
Step1: Identify quartiles in box - plot
In a box - plot, the box represents the middle 50% of the data. The lower end of the box is the first quartile ($Q_1$) and the upper end is the third quartile ($Q_3$).
Step2: Estimate values from the plot
From the box - plot, the lower end of the box (approximate $Q_1$) is around 490 (in thousands of dollars) and the upper end of the box (approximate $Q_3$) is around 850 (in thousands of dollars).
Answer:
between $490,000 and $850,000