Refer to the Baseball 2012 data that report information on the 30 Major League Baseball teams for the 2012 season. Create a frequency distribution for the the team payroll variable and answer the following questions.
a. What is the typical payroll for a team? What is the range of the payrolls?
b. Comment on the shape of the distribution. Does it appear that any of the teams have a payroll that is out of line with the others?
c. Draw a cumulative frequency distribution. Thirty percent of the teams have a payroll of less than what amount? About how many teams have total payroll of less than $100,000,000?