Subjects statistics

Boxplot Intervals Ec2111

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Question: Consider the following boxplot of a quantitative variable measured on $n = 48$ cases which we selected by simple random sampling from some population of interest: Select each of the true statements from the following: a. The interval $[3.5, 4.25]$ is a 40% PLTI. b. The interval $[3, 4.25]$ is a 90% PLTI. c. The interval $[3, 4.25]$ is a 99% confidence interval for the population median. d. The interval $[3, 3.5]$ is a 50% PI. Graph: boxplot centered in the middle-right of the page on a horizontal number line from -3 to 7, with an outlier near 0 on the left and an outlier near 7 on the right; box spans about 3 to 4.25 with median around 3.5, and whiskers extend to about 2 and 5.5; position_hint=top-right makng statistical inferences from ferrum college textbook for mat 208 introductory statistics
1. **Problem Statement:** We are given a boxplot for a quantitative variable with $n=48$ cases and asked to determine which of the given intervals correspond to specific types of statistical intervals: PLTI (Percentile Likelihood Tolerance Interval), confidence interval for the median, or prediction interval (PI). 2. **Understanding the Boxplot and Intervals:** - The boxplot shows the minimum, first quartile (Q1), median, third quartile (Q3), and maximum (excluding outliers). - The box spans approximately from $3$ (Q1) to $4.25$ (Q3). - The median is about $3.5$. - Whiskers extend roughly from $2$ to $5.5$. - Outliers are near $0$ and $7$. 3. **Definitions and Important Rules:** - A **PLTI** (Percentile Likelihood Tolerance Interval) covers a specified percentage of the population with a certain confidence. - A **confidence interval for the median** estimates the population median with a given confidence level. - A **prediction interval (PI)** predicts where a future observation will fall with a certain probability. 4. **Analyzing Each Statement:** **a. The interval $[3.5, 4.25]$ is a 40% PLTI.** - The interval $[3.5, 4.25]$ lies between the median and Q3. - The interquartile range (IQR) is $[3, 4.25]$, which covers 50% of the data. - The interval $[3.5, 4.25]$ covers less than half the data, roughly 25% (from median to Q3). - So, it cannot be a 40% PLTI. **b. The interval $[3, 4.25]$ is a 90% PLTI.** - The interval $[3, 4.25]$ is the IQR, which covers 50% of the data. - 90% PLTI would be wider than the IQR. - So, this is false. **c. The interval $[3, 4.25]$ is a 99% confidence interval for the population median.** - Confidence intervals for the median are often constructed using order statistics. - The IQR is not a confidence interval for the median but a measure of spread. - So, this is false. **d. The interval $[3, 3.5]$ is a 50% PI.** - Prediction intervals predict where a future observation will fall. - The interval $[3, 3.5]$ covers from Q1 to median, about 25% of data. - 50% PI would be wider, likely the IQR. - So, this is false. 5. **Summary:** - None of the statements a, b, c, or d are true based on the boxplot and definitions. **Final answer:** None of the given statements are true.
0 (outlier)7 (outlier)3 (Q1)3.5 (Median)4.25 (Q3)2 (Whisker)5.5 (Whisker)