Refer to the Baseball 2021 data, which report information on the 30 Major League Baseball teams for
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Refer to the Baseball 2021 data, which report information on the 30 Major League Baseball teams for the 2021 season. Set up a variable that divides the teams into two groups, those that had a winning season and those that did not. There are 162 games in the season, so define a winning season as having won 81 or more games. Next, find the median team salary and divide the teams into two salary groups. Let the 15 teams with the largest salaries be in one group and the 15 teams with the lowest salaries be in the other. At the .05 significance level, is there a relationship between salaries and winning?
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 |
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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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