Questions: Within which interval of debts would you expect to find the largest number of graduates? all the intervals are equal 25,000-29,000 21,000-25,000 17,000-21,000 13,000-17,000

Within which interval of debts would you expect to find the largest number of graduates?
all the intervals are equal
25,000-29,000
21,000-25,000
17,000-21,000
13,000-17,000

Transcript text: Within which interval of debts would you expect to find the largest number of graduates? all the intervals are equal $25,000-29,000$ $21,000-25,000$ $17,000-21,000$ $13,000-17,000$

Solution

Solution Steps

Step 1: Understand the Boxplot

The boxplot represents the distribution of student debt upon graduation from top-rated public colleges. The boxplot shows the minimum, first quartile (Q1), median, third quartile (Q3), and maximum values.

Step 2: Identify the Intervals

The intervals provided in the question are:

25,000–29,000
21,000–25,000
17,000–21,000
13,000–17,000

Step 3: Determine the Largest Number of Graduates

The largest number of graduates is expected to be within the interquartile range (IQR), which is the range between Q1 and Q3. This is because the IQR contains the middle 50% of the data.