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Box and Whisker plots, described by Tukey (1977), give a pictorial representation of non-parametric descriptive statistics.
In non-parametric terms, the central "box" represents the distance between the first and third quartiles with the median between them marked with a diamond, with the minimum as the origin of the leading "whisker" and with the maximum as the limit of the trailing "whisker".
Note that some software plots the upper and lower hinge and not the upper and lower quartile in box and whisker plots. The upper hinge is the 3(n+1)/4th value whereas the upper quartile is the (3n+1)/4th value.
This convention can also be extended to parametric representation of data using the arithmetic mean bounded by one standard deviation or by its confidence interval. StatsDirect enables you to choose one of these two parametric schemes or the non-parametric scheme for each plot. See descriptive statistics for the formulae used.
This is a useful way to present data to an audience; it is often easier to convey the central location and spread of values pictorially than by quoting a list of descriptive statistics.
If you specify lower and upper gate values that lie between the limits of the box and within the range of the data then whiskers will be drawn as straight lines at the gate values and any data points outside those boundaries will be plotted as circles. This form of box & whisker plot is often used to represent outliers. If you check the fence option then gate values will be calculated automatically for each variable plotted. For the non-parametric plot, the fence values are defined as lower and upper quartiles minus and plus 1.5 times the interquartile range respectively. For the parametric plots, the fence values are defined as the mean plus and minus 2 standard deviations.

See also the Box & whisker plot (text).