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It is a graphical representation of the distribution of a variable.

It if often used to represent a "5 number summary" in statistics.

The 5 numbers are the minimum and maximum values of a set as well as Q1, Q2 and Q3 which are the first, second, and third quartiles. The box is made up of the quartiles, with the smaller and larger ones at either end and Q2 in between. The whiskers are the max and the min.

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