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For Questions , Use the Following Narrative

Question 28

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For Questions , use the following narrative
Narrative: Liberal arts costs
A random sample of 25 liberal arts colleges in the U.S.was selected, and the average cost per student was recorded for each school.The following five-number summary was calculated for this data set: lowest = $17,554; lower quartile = $23,115; median = $26,668; upper quartile = $45,879; highest = $102,262.
-{Liberal arts costs narrative} Using the definition of outlier discussed in your textbook, is there an outlier in this data set? Explain your answer.

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Yes.The highest amou...

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