Would the histogram displaying the data for the 900 claims, Ask an Expert

Management Studies

An insurance agency is examining the dollar amount of claims from clients who have home- owners insurance. For the 900 people who led claims, the ve-number summary of the amount is: ($8800, $8850, $8900, $9100, $9940).

(a) Would the histogram displaying the data for the 900 claims be nearly bell-shaped? If so, explain how the summary indicates this. If not, determine if the data is skewed left or skewed right, and explain how the summary indicates this.

(b) Would the boxplot for the data indicate any outliers? Explain why or why not.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9396454

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