Refer to the Baseball 2018 data that report information on the 30 Major League Baseball teams for

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Refer to the Baseball 2018 data that report information on the 30 Major League Baseball teams for the 2018 season. Create a frequency distribution for the Team Salary variable and answer the following questions.

a. What is the typical salary for a team? What is the range of the salaries?

b. Comment on the shape of the distribution. Does it appear that any of the teams have a salary that is out of line with the others?

c. Draw a cumulative relative frequency distribution of team salary. Using this distribution, 40% of the teams have a salary of less than what amount? About how many teams have a total salary of more than $205 million?

Data From Baseball 2018:

Team League Year Opened Team Salary Attendance Wins ERA BA HR Net Worth Arizona Diamondbacks National 1998 143.32 2.243 82 3.72 0.235 176 1.210 Atlanta Braves National 2017 130.6 2.556 90 3.75 0.257 175 1.625 Baltimore Orioles American 1992 127.63 1.564 47 5.18 0.239 188 1.200 Boston Red Sox American

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Related Book For  book-img-for-question

Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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