Consumer Reports rated automobile insurance companies and gave annual premiums f

Question

Consumer Reports rated automobile insurance companies and gave annual premiums for top-rated companles in several states. The figure below shows box plots for annual premiums for urban customers (married couple with one 17-year old son) in three states. The box plots were all drawn using the same scale on a T1-84Plus/TI-83Plus calculator (a) Which state has the lowest premium? the highest? O lowest, California; highest, Texas 0 lowest, Texas; highest, Pennsylvania O lowest, Pennsylvania; highest, California lowest, California; highest, Pennsylvania (b) Which state has the highest median premium? Texas Pennsylvania California (c) which state has the smalest range of premiums? the smallest interquartile range? smallest range, California; smallest IQR, Texas smallest range, California smallest 10, Pennsylvania smallest range, Texas smallest TQR, Pennsylvania

Explanation / Answer

Solution:-

a) Lowest- Texas, Highest - Pennysylvania

b) Pennysylvania has the highest median premium

c) California has the smallest range of premium and Texas has smallest Interquartile range.

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