Paying for championships Does paying high salaries lead to more victories in professional sports? The New York Yankees have long been known for having Major League Baseball’s highest team payroll. And over the years, the team has won many championships.

This strategy didn’t pay off in 2008, when the Philadelphia Phillies won the World Series. Maybe the Yankees didn’t spend enough money that year.

The graph below shows histograms of the salary distributions for the two teams during the 2008 season.

Why can’t you use this graph to effectively compare the team payrolls?

Transcribed Image Text:

12 10 N Frequency 00 Yankees 2008 0 .0 5000000 10000000 0000000 000000ST 23000000 30000000 Salary 6 8 00 Frequency 000000SE 22 Phillies 2008 .0 2000000 4000000 0000009 8000000 12000000 10000000 14000000 Salary