A random sample of sale prices of homes yielded the following summary information:

Comment on a home that had a sale price of $425,000.
A) This sale price would be expected since it falls inside the lower and upper fences.
B) This value falls outside the upper fence and is considered an outlier.
C) This sale price falls between the lower and upper fences. It can be considered a potential outlier.
D) This value falls outside of the third quartile, but cannot be considered an outlier.

Question

A random sample of sale prices of homes yielded the following summary information:
  
Comment on a home that had a sale price of $425,000.
A) This sale price would be expected since it falls inside the lower and upper fences. 
B) This value falls outside the upper fence and is considered an outlier. 
C) This sale price falls between the lower and upper fences. It can be considered a potential outlier. 
D) This value falls outside of the third quartile, but cannot be considered an outlier.

Quizplus · Accepted Answer

The Answer of A random sample of sale prices of homes yielded the following summary information:
  
Comment on a home that had a sale price of $425,000.
A) This sale price would be expected since it falls inside the lower and upper fences. 
B) This value falls outside the upper fence and is considered an outlier. 
C) This sale price falls between the lower and upper fences. It can be considered a potential outlier. 
D) This value falls outside of the third quartile, but cannot be considered an outlier.

A Random Sample of Sale Prices of Homes Yielded the Following