NFL Contracts 2019 contains the yearly salary (in millions of dollars) from the contracts of all players
Question:
NFL Contracts 2019 contains the yearly salary (in millions of dollars) from the contracts of all players on a National Football League (NFL) roster at the start of the 2019 season.
(a) Use StatKey or other technology to select a random sample of 5 NFL contract YearlySalary values. Indicate which players you’ve selected and compute the sample mean.
(b) Repeat part (a) by taking a second sample of 5 values, again indicating which players you selected and computing the sample mean.
(c) Find the mean for the entire population of players. Include notation for this mean. Comment on the accuracy of using the sample means found in parts (a) and (b) to estimate the population mean.
Step by Step Answer:
Statistics Unlocking The Power Of Data
ISBN: 9781119682219
3rd Edition
Authors: Robin H Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F Lock, Dennis F Lock