Explanation: Box plots are specifically designed to display the distribution of data and highlight outliers. They show the interquartile range (IQR), the median, and the minimum and maximum values within 1.5 times the IQR. Data points outside this range are identified as outliers. This makes box plots an invaluable tool for quickly spotting anomalies. For instance, in financial datasets, box plots can reveal unusually high or low transaction amounts that might warrant further investigation. Option A: Line charts display trends over time but are not effective for identifying individual outliers. Option B: Bar charts represent categorical data frequencies but do not highlight outliers. Option D: Histograms show frequency distributions but might not clearly indicate outliers, especially for large bins. Option E: Scatter plots can suggest outliers in relationships between two variables but lack formal criteria for identifying them.
If NATURE is coded as MCQYMK, then how would CREST be coded?
In a certain code language, 'CONSUME' is written as 'CEMNOSU' and 'COMPEL' is written as 'CELMOP'. How will "ENGLISH" be written in that language?
If the water source is placed along X-Y, as shown in the given figure, which of the following options will be the water reflection of the given figure?<...
Insert arithmetical signs in the equation for it to be correct
8 ? 4 ? 2 = 16
In a certain code language, ‘ANCIENT’ is written as ‘EPCIVPG’ and ‘ADVANCE’ is written as ‘XFCAGEP’. How will ‘ABILITY’ be written i...
Eight colleagues K, L, M, N, O, P, Q and Rare seated in a circle facing the centre. N is an immediate neighbour of both L and Q. P is an immediate neigh...
Who is sitting at the other end of the row?
Which letter-cluster will replace the question mark (?) to complete the given series?
MKPN, LMOP, ?, JQMT, ISLV
Select the combination of letters that when sequentially placed in the blanks of the given series will complete the series.
A_DF GI_L MOP_ _UVX YA_D
In the following question below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tru...