BOX PLOT
A boxplot (or box-whisker plot) is a graphical representation of the distribution of the dataset.
Components:
Minimum(Q0): The smallest data point.
First Quartile(Q1): The median of the lower half of the dataset(25% Percentile)
Median(Q2): The middle value of the dataset(50% percentile)
Third Quartile(Q3)
Maximum(Q4):
Significance of Box Plots
- Spread: The width of the box and length of the whiskers show variability in the data.
- Outliers: Easily identify unusual data points.
- Symmetry: A symmetric box indicates a symmetric distribution, while an asymmetric box shows skewness.
