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Please help me with this question, the answer should be ii and iii correct, but

ID: 3202668 • Letter: P

Question

Please help me with this question, the answer should be ii and iii correct, but I thought i shpuld be true and ii shoulde be false.

Please explain this for me, thanks!

Four groups of investors reported the percent increase or decrease in the value of their investments. The side-by-side boxplots shown below display the percentage increase (positive values) or decrease (negative values) for investors in each group. Group Determine which of the following statements are true. i. Group 4 has the largest range of values ii. Group 4 has approximately half of its observations below zero. iii. Group 3 reported the lowest value.

Explanation / Answer

(i) and (iii) would be Correct as i have seen in graph Group 4 Has Largest no. of Values

and further Group three Reported the Lowest Values as shown in graphBox

The Statement (ii) is Incorrect that Group four has Half of the values below ZERO as i ave seen only upto 20% is below the ZERo line

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