Refer to the Baseball 2018 data, which report information on the 2018 Major League Baseball season. a.

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Refer to the Baseball 2018 data, which report information on the 2018 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?

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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Statistical Techniques In Business And Economics

ISBN: 9781260239478

18th Edition

Authors: Douglas Lind, William Marchal, Samuel Wathen

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