Refer to the Baseball 2021 data, which report information on the 2021 Major League Baseball season. a.

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Refer to the Baseball 2021 data, which report information on the 2021 Major League Baseball season.
a. Rank the teams by the number of wins and their total team salary. Compute the coefficient of rank correlation between the two variables. At the .01 significance level, can you conclude that it is greater than zero?
b. Assume that the distributions of team salaries for the American League and National League do not follow the normal distribution. Conduct a test of hypothesis to see whether there is a difference in the two distributions.
c. Rank the 30 teams by attendance and by team salary. Determine the coefficient of rank correlation between these two variables. At the .05 significance level, is it reasonable to conclude the ranks of these two variables are related?

 

TeamLeagueYear OpenedTeam SalaryAttendanceWinsERABAHRNet worth ($billion) 
Arizona DiamondbacksNational199889.081,043,010525.110.236144$1.320
Atlanta BravesNational2017134.462,300,247883.880.244239$1.875
Baltimore OriolesAmerican199245.70793,229525.840.239195$1.430
Boston Red SoxAmerican1912180.261,725,323924.260.261219$3.465
Chicago CubsNational1914149.671,978,934714.870.237210$3.360
Chicago White SoxAmerican1991125.991,596,385933.730.256190$1.685
Cincinnati RedsNational2003118.751,505,024834.400.249222$1.085
Cleveland IndiansAmerican199446.831,114,368804.340.238203$1.160
Colorado RockiesNational1995103.991,938,645744.820.249182$1.300
Detroit TigersAmerican200080.401,102,623774.320.242179$1.260
Houston AstrosAmerican2000171.022,068,509953.760.267221$1.870
Kansas City RoyalsAmerican197387.781,159,613744.650.249163$1.060
Los Angeles AngelsAmerican1966177.351,512,033774.690.245190$2.025
Los Angeles DodgersNational1962235.412,804,6931063.010.244237$3.570
Miami MarlinsNational201249.43642,617673.960.233158$0.990
Milwaukee BrewersNational200187.571,824,282953.500.233194$1.220
Minnesota TwinsAmerican2010121.001,310,199734.830.241228$1.325
New York MetsNational2009167.421,484,665773.900.238176$2.450
New York YankeesAmerican2009191.211,959,854923.740.237222$5.250
Oakland AthleticsAmerican196674.62701,430864.020.238199$1.125
Philadelphia PhilliesNational2004174.011,515,890824.390.24198$2.050
Pittsburgh PiratesNational200135.91859,498615.080.236124$1.285
San Diego PadresNational2004171.692,191,950794.100.242180$1.500
San Francisco GiantsAmerican2000127.891,679,4841073.240.249241$3.175
Seattle MarinersNational199964.551,215,985904.300.226199$1.630
St. Louis CardinalsNational2006135.052,102,530903.980.244198$2.245
Tampa Bay RaysAmerican199060.39761,0721003.670.242222$1.055
Texas RangersAmerican199484.872,110,258604.790.232167$1.785
Toronto Blue JaysAmerican1989137.13809,557913.910.266262$1.675
Washington NationalsNational2008161.911,465,543654.800.258182$1.925
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Statistical Techniques In Business And Economics

ISBN: 9781265779696

19th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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