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Box plots or box-whisker plots give a good graphical image of the concentration of the data. They also show how far from most of the data the extreme values are. The box plot is constructed from five values: the smallest value, the first quartile, the median, the third quartile, and the largest value. The median, the first quartile, and the third quartile will be discussed here, and then again in the section on measuring data in this chapter. We use these values to compare how close other data values are to them.

The median , a number, is a way of measuring the "center" of the data. You can think of the median as the "middle value," although it does not actually have to be one of the observed values. It is a number that separates ordered data into halves. Half the values are the same number or smaller than the median and half the values are the same number or larger. For example, consider the following data:

  • 1
  • 11.5
  • 6
  • 7.2
  • 4
  • 8
  • 9
  • 10
  • 6.8
  • 8.3
  • 2
  • 2
  • 10
  • 1

Ordered from smallest to largest:

  • 1
  • 1
  • 2
  • 2
  • 4
  • 6
  • 6.8
  • 7.2
  • 8
  • 8.3
  • 9
  • 10
  • 10
  • 11.5

The median is between the 7th value, 6.8, and the 8th value 7.2. To find the median, add the two values together and divide by 2.

6.8 7.2 2 7

The median is 7. Half of the values are smaller than 7 and half of the values are larger than 7.

Quartiles    are numbers that separate the data into quarters. Quartiles may or may not be part of the data. To find the quartiles, first find the median or second quartile. The first quartile is the middle value of the lower half of the data and the third quartile is the middle value of the upper half of the data. To get the idea, consider the same data set shown above:

  • 1
  • 1
  • 2
  • 2
  • 4
  • 6
  • 6.8
  • 7.2
  • 8
  • 8.3
  • 9
  • 10
  • 10
  • 11.5

The median or second quartile is 7. The lower half of the data is 1, 1, 2, 2, 4, 6, 6.8. The middle value of the lower half is 2.

  • 1
  • 1
  • 2
  • 2
  • 4
  • 6
  • 6.8

The number 2, which is part of the data, is the first quartile . One-fourth of the values are the same or less than 2 and three-fourths of the values are more than 2.

The upper half of the data is 7.2, 8, 8.3, 9, 10, 10, 11.5. The middle value of the upper half is 9.

  • 7.2
  • 8
  • 8.3
  • 9
  • 10
  • 10
  • 11.5

The number 9, which is part of the data, is the third quartile . Three-fourths of the values are less than 9 and one-fourth of the values are more than 9.

To construct a box plot, use a horizontal number line and a rectangular box. The smallest and largest data values label the endpoints of the axis. The first quartile marks one end of the box and the third quartile marks the other end of the box. The middle fifty percent of the data fall inside the box. The "whiskers" extend from the ends of the box to the smallest and largest data values. The box plot gives a good quick picture of the data.

You may encounter box and whisker plots that have dots marking outlier values. In those cases, the whiskers are not extending to the minimum and maximum values.

Consider the following data:

  • 1
  • 1
  • 2
  • 2
  • 4
  • 6
  • 6.8
  • 7.2
  • 8
  • 8.3
  • 9
  • 10
  • 10
  • 11.5

The first quartile is 2, the median is 7, and the third quartile is 9. The smallest value is 1 and the largest value is 11.5. The box plot is constructed as follows (see calculator instructions in the back of this book or on the TI web site ):

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
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is gdp a reliable measurement of wealth
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introduction to econometrics
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Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
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what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
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A unit of account is something that can be used to value goods and services and make calculations
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I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
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hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, Collaborative statistics using spreadsheets. OpenStax CNX. Jan 05, 2016 Download for free at http://legacy.cnx.org/content/col11521/1.23
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