Forbes magazine (Jan. 11,1999) reported the financial standings of each team in the National Football League (NFL).
Question:
Forbes magazine (Jan. 11,1999) reported the financial standings of each team in the National Football League (NFL). The next table lists current team value (without deduction for debt, except stadium debt) and operating income for each team in 1998.
a. Use a statistical software package to construct a stem-and-leaf plot for an NFL team's current value.
h. Does the distribution of current values appear to be skewed? Explain.
c. Use the stem-and-leaf plot of part a to find the median of the current values.
d. Calculate the z-scores for the Denver Broncos current value and operating income.
c. Interpret the two z-scores of part d.
f. Which other NFL teams have positive current value z-scores and negative operating income z-scores?
". Identify any outliers in the current value data set.
*h. Construct a graph to investigate a possible trend between an NFL team's current value and its operating income. What do you observe?
*2.106 If not examined carefully, the graphical description of U.S. peanut production shown at the bottom of the page can be misleading.
a. Explain why the graph may mislead some readers.
h. Construct an undistorted graph of U.S. peanut production for the given years.
Step by Step Answer:
Statistics For Business And Economics
ISBN: 9780130272935
8th Edition
Authors: James T. McClave, Terry Sincich, P. George Benson