Refer to the Baseball 2021 data, which report information on the 2021 Major League Baseball season. a.
Question:
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?
Team | League | Year Opened | Team Salary | Attendance | Wins | ERA | BA | HR | Net worth ($billion) |
Arizona Diamondbacks | National | 1998 | 89.08 | 1,043,010 | 52 | 5.11 | 0.236 | 144 | $1.320 |
Atlanta Braves | National | 2017 | 134.46 | 2,300,247 | 88 | 3.88 | 0.244 | 239 | $1.875 |
Baltimore Orioles | American | 1992 | 45.70 | 793,229 | 52 | 5.84 | 0.239 | 195 | $1.430 |
Boston Red Sox | American | 1912 | 180.26 | 1,725,323 | 92 | 4.26 | 0.261 | 219 | $3.465 |
Chicago Cubs | National | 1914 | 149.67 | 1,978,934 | 71 | 4.87 | 0.237 | 210 | $3.360 |
Chicago White Sox | American | 1991 | 125.99 | 1,596,385 | 93 | 3.73 | 0.256 | 190 | $1.685 |
Cincinnati Reds | National | 2003 | 118.75 | 1,505,024 | 83 | 4.40 | 0.249 | 222 | $1.085 |
Cleveland Indians | American | 1994 | 46.83 | 1,114,368 | 80 | 4.34 | 0.238 | 203 | $1.160 |
Colorado Rockies | National | 1995 | 103.99 | 1,938,645 | 74 | 4.82 | 0.249 | 182 | $1.300 |
Detroit Tigers | American | 2000 | 80.40 | 1,102,623 | 77 | 4.32 | 0.242 | 179 | $1.260 |
Houston Astros | American | 2000 | 171.02 | 2,068,509 | 95 | 3.76 | 0.267 | 221 | $1.870 |
Kansas City Royals | American | 1973 | 87.78 | 1,159,613 | 74 | 4.65 | 0.249 | 163 | $1.060 |
Los Angeles Angels | American | 1966 | 177.35 | 1,512,033 | 77 | 4.69 | 0.245 | 190 | $2.025 |
Los Angeles Dodgers | National | 1962 | 235.41 | 2,804,693 | 106 | 3.01 | 0.244 | 237 | $3.570 |
Miami Marlins | National | 2012 | 49.43 | 642,617 | 67 | 3.96 | 0.233 | 158 | $0.990 |
Milwaukee Brewers | National | 2001 | 87.57 | 1,824,282 | 95 | 3.50 | 0.233 | 194 | $1.220 |
Minnesota Twins | American | 2010 | 121.00 | 1,310,199 | 73 | 4.83 | 0.241 | 228 | $1.325 |
New York Mets | National | 2009 | 167.42 | 1,484,665 | 77 | 3.90 | 0.238 | 176 | $2.450 |
New York Yankees | American | 2009 | 191.21 | 1,959,854 | 92 | 3.74 | 0.237 | 222 | $5.250 |
Oakland Athletics | American | 1966 | 74.62 | 701,430 | 86 | 4.02 | 0.238 | 199 | $1.125 |
Philadelphia Phillies | National | 2004 | 174.01 | 1,515,890 | 82 | 4.39 | 0.24 | 198 | $2.050 |
Pittsburgh Pirates | National | 2001 | 35.91 | 859,498 | 61 | 5.08 | 0.236 | 124 | $1.285 |
San Diego Padres | National | 2004 | 171.69 | 2,191,950 | 79 | 4.10 | 0.242 | 180 | $1.500 |
San Francisco Giants | American | 2000 | 127.89 | 1,679,484 | 107 | 3.24 | 0.249 | 241 | $3.175 |
Seattle Mariners | National | 1999 | 64.55 | 1,215,985 | 90 | 4.30 | 0.226 | 199 | $1.630 |
St. Louis Cardinals | National | 2006 | 135.05 | 2,102,530 | 90 | 3.98 | 0.244 | 198 | $2.245 |
Tampa Bay Rays | American | 1990 | 60.39 | 761,072 | 100 | 3.67 | 0.242 | 222 | $1.055 |
Texas Rangers | American | 1994 | 84.87 | 2,110,258 | 60 | 4.79 | 0.232 | 167 | $1.785 |
Toronto Blue Jays | American | 1989 | 137.13 | 809,557 | 91 | 3.91 | 0.266 | 262 | $1.675 |
Washington Nationals | National | 2008 | 161.91 | 1,465,543 | 65 | 4.80 | 0.258 | 182 | $1.925 |
Step by Step Answer:
Statistical Techniques In Business And Economics
ISBN: 9781265779696
19th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen