![]() ![]() In the above chart, we can see that the range of salaries is 40,000-10,000 = $30,000. In other words, it tells us if there is a large amount of variation in employee salaries or if they are more or concentrated around the median. The vertical width of the box represents the spread in the data.The line that runs across the middle of the box is the second quartile or the median value of the data.The bottom edge of the box marks the first quartile of the data.The top edge of the box marks the third quartile of the data.This value can help us identify if the dataset is skewed or if there are any potential outliers. The length of the top whisker represents how far the highest value is from the median of the dataset. ![]() From the above chart we can see that the highest salary paid by the company is $40,000. ![]()
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