Annual sales, in millions of dollars, for 21 pharmaceutical companies follow. 8,072 1,319 1,798 8,524 2,361...

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Annual sales, in millions of dollars, for 21 pharmaceuticalcompanies follow. 8,072 1,319 1,798 8,524 2,361 10,956 585 14,1386,194 1,776 2,705 1,302 10,078 7,179 3,859 4,167 709 2,042 3,5075,562 7,974 Provide a five-number summary. Smallest value Firstquartile Median Third quartile Largest value Compute the lower andupper limits. Lower limit Upper limit Do the data contain anyoutliers? Johnson & Johnson's sales are the largest on the listat $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 thisproblem and allow for correction of the data entry error? Which ofthe following box plots accurately displays the data set?

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fivenumber summary Smallest value 585 First quartile The first quartile or lower quartile or 25th percentile is the median of the bottom half of the numbers So to find the first quartile we need to place the numbers in value order and find the bottom half See Answer

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