MATLAB is rich with documentation, you may read the respective functions documentation.
boundaries=bwboundaries(handImage1);
x = boundaries{1}(:, 2);
y = boundaries{1}(:, 1);
hold on;
plot(x, y, 'black', 'LineWidth', 2);
newImage = bwlabel(handImage1);
measurements = regionprops(newImage, 'Centroid', 'BoundingBox');
xCentroid = measurements.Centroid(1);
yCentroid = measurements.Centroid(2);
subplot(2, 2, 4);
imshow(newImage);
title('Binary Image with Centroid Marked');
hold on;
plot(xCentroid, yCentroid, 'r*', 'MarkerSize', 10, 'LineWidth', 2);
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