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1 . Find the mean of the MLB salaries. 2 . Find the standard deviation of the MLB salaries. 3 . Sketch the normal curve
Find the mean of the MLB salaries.
Find the standard deviation of the MLB salaries.
Sketch the normal curve of the MLB salaries.
Are there any unusual MLB salaries? List the teams and show your work to justify your answer.
Do you believe teams are fairly paid? Explain.
Your family member is considering a profession in Major League Baseball. If he is chosen for the draft:
a find the probability he will play for a team that has a total salary of less than $ million.
b find the probability he will play for a team that has a total salary of more than $ million.
c find the probability he will be play for a team that has a total salary between $ and $ million.
What percent of the teams have a total salary of more than $ million?
Your family member believes he is pretty good, but it may take him some time to climb up the ladder. He believes the team that drafts him will be in the bottom of the salaries. What teams fall into this category? Show your work.
Describe any patterns or trends observed.
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