Baseball salaries Did Ryan Madson, who was paid $1,400,000, have a high salary or a low salary
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Baseball salaries Did Ryan Madson, who was paid
$1,400,000, have a high salary or a low salary compared with the rest of the team? Justify your answer by calculating and interpreting Madson’s percentile and z-score.
Refer to the dotplot and summary statistics of salaries for players on the World Champion 2008 Philadelphia Phillies baseball team
Variable n Mean Std. dev. Min Q1 Med Q3 Max Salary 29 3388617 3767484 390000 440000 1400000 6000000 14250000
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