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Learn how to use box plots to identify and handle outliers in risk data. Box plots show the median, quartiles, range, and outliers of a data set.
A box plot can give you a quick overview of the shape, spread, and center of your data. It can be used to compare different groups or variables, or to identify potential outliers.
Found no instances where Z-scores indicated outliers. Descriptive Statistics: Examined mean, median, standard deviation, and quartiles for numeric variables. Confirmed that the statistics fell within ...
A box-and-whisker plot (also a Tukey contribution), shows this method in action. A box-and-whisker plot uses quartiles (points that divide the data into four groups of equal size) to plot the shape of ...
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