Recall that the file Baseball Salaries 2011.xlsx contains data on 843 MLB players in the 2011 season.
Question:
Recall that the file Baseball Salaries 2011.xlsx contains data on 843 MLB players in the 2011 season. Using this data set, answer the following questions:
a. Find the mean and median of the salaries of all shortstops. Are any of these measures influenced significantly by one or more unusual observations?
b. Find the standard deviation, first and third quartiles, and 5th and 95th percentiles for the salaries of all shortstops. Are any of these measures influenced significantly by one or more unusual observations?
c. Create a histogram of the salaries of all shortstops. Are any of these measures influenced significantly by one or more unusual observations?
Step by Step Answer:
Salaries 2011 Player Team Position Salary Shortstop Part a Derek Jeter New York Yankees Shortstop 14729364 1 Salary Rafael Furcal Los Angeles Dodgers Shortstop 13000000 1 One Variable Summary Shortsto...View the full answer
Business Analytics Data Analysis and Decision Making
ISBN: 978-1133629603
5th edition
Authors: S. Christian Albright, Wayne L. Winston
