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Figure 7. Box-plot and a probability density function (pdf) of a Normal N(0,1σ 2) Population. Although box plots may seem more primitive than histograms or kernel density estimates, they do have a number of advantages. First, the box plot enables statisticians to do a quick graphical examination on one or more data sets.
Box plot : In descriptive statistics, a boxplot, also known as a box-and-whisker diagram or plot, is a convenient way of graphically depicting groups of numerical data through their five-number summaries (the smallest observation, lower quartile (Q1), median (Q2), upper quartile (Q3), and largest observation). A boxplot may also indicate which ...
Whereas statistics and data analysis procedures generally yield their output in numeric or tabular form, graphical techniques allow such results to be displayed in some sort of pictorial form. They include plots such as scatter plots, histograms, probability plots, spaghetti plots, residual plots, box plots, block plots and biplots. [1]
In functional data analysis, each observation is a real function, therefore, different from the classical boxplot where data are simply ordered from the smallest sample value to the largest, in a functional boxplot, functional data, e.g. curves or images, are ordered by a notion of band depth or a modified band depth. [3]
A common collection of order statistics used as summary statistics are the five-number summary, sometimes extended to a seven-number summary, and the associated box plot. Entries in an analysis of variance table can also be regarded as summary statistics. [1]: 378
The data they used were from a gas furnace. These data are well known as the Box and Jenkins gas furnace data for benchmarking predictive models. Commandeur & Koopman (2007, §10.4) [2] argue that the Box–Jenkins approach is fundamentally problematic. The problem arises because in "the economic and social fields, real series are never ...
Data analysis is the process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, ... Box plots; Nonlinear analysis
More recently, a collection of summarisation techniques has been formulated under the heading of exploratory data analysis: an example of such a technique is the box plot. In the business world, descriptive statistics provides a useful summary of many types of data.