The formulas and the output are stated as follows: Ignore the double quotation marks of the following entries:įurther, in column D, we apply some formulas to this data. In an Excel worksheet, the number of current accounts (column B) opened by the five managers (column A) is given. So, a box plot shows the center (or middle) and the extent of spread (dispersion or variability) from the center of a dataset.įor example, the sales managers of a bank have to sell current accounts to start-ups across the country. From these, the median is a measure of the center while the remaining are measures of dispersion.
It shows a five-number summary of the data, which consists of the minimum, maximum, first quartile, second quartile (median), and third quartile. A Box Plot in Excel is a graphical representation of the numerical values of a dataset.
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