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Assignment 7.1: Mean, Median, Mode, and Outliers (continued) 3. Consider the following statistics for an NHL hockey team. The mean salary for 37 players on a NHL hockey team is $1,990,000. However, 65% of players have a smaller salary than the mean salary. The mode salary is $500,000 and the median salary is $950,000. The lowest salary is $420,000 and the highest salary is $7,000,000. a) If the mean, median, and mode are all measures of central tendency, why are they significantly different values? (1 mark) b) As the $7,000,000 salary is an outlier, what effect does this have on the mean? (I mark) c) What statistic should this hockey team provide to the media to represent its typical salary value? Explain. (1 mark) continued Module 7: Statistics 31