4. Based on the information in numbers 1-3, which measure of central tendency would you use to describe this data set? Support your answer with material from the presentations and/or reading this week. (6 pts) Descriptives Statistic Std. Error MMSE_JDD Mean 25.4706 1.55090 95% Confidence Interval for Mean Lower Bound 22.1828 Upper Bound 28.7583 5% Trimmed Mean 26.1895 Median 28.0000 Variance 40.890 Std. Deviation 6.39451 Minimum 8.00 Maximum 30.00 Range 22.00 Interquartile Range 3.00 Skewness -2.349 .550 Kurtosis 4.610 1.063

(a) which measures of central tendency, the mean or the median, do you think would give a more realistic picture of the salaries? write an explanation justifying your choice.

(b) use the means, medians and standard deviations of the two data sets to conpare the two teams. include comments on similarities and difference in salaries

1.(a) Descriptive Statistics: Red Sox, Rangers Statistics Variable NN Mean Red Sox 34 0 5093724 Rangers 261 0 4635037 SE Mean StDev Minimum Q3 Maximum 1082400 6311422 482000 674000 1556250 8100000 21857142 927302 4728331 480000 688000 3437500 6625000 16174974 Q1 Median >Team 1: Team: Red Sox Mean: 5093724 Median: 1556250 Standard Deviation: 6311422 >Team 2: Team: Rangers Mean: 4635037 Median: 3437500 Standard Deviation: 4728331