Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8,

Question

Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8,744 1,429 1,947 9,234 2,557 11,870 632 14,138 6,710 1,924 2,931 1,410 10,918 7,777 4,180 4,515 769 2,212 3,799 6,026 8,637 a.Provide a five-number summary. Smallest value First quartile Median Third quartile Largest value b.Compute the lower and upper limits. Enter negative amounts with a minus sign. Lower limit Upper limit c.Do the data contain any outliers? - Select your answer -Yes, the data contain outliersNo, the data do not contain outliers d.Johnson & Johnson's sales are the largest on the list at $14,138 million. Suppose a data entry error (a transposition) had been made and the sales had been entered as $41,138 million. Would the method of detecting outliers in part (c) identify this problem and allow for correction of the data entry error? - Select your answer -Yes, a transposition would have produced an outlier, and a review would have found itNo, a transposition would have produced an outlier but a review would not have found itNo, a transposition would not have produced an outlier e.Which of the following box plots accurately displays the data set?

Explanation / Answer

-Yes, the data contain outliers

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