The Associated Press Team Marketing Report listed the Dallas Cowboys as the team with the highest ticket
Question:
The Associated Press Team Marketing Report listed the Dallas Cowboys as the team with the highest ticket prices in the National Football League (USA Today, October 20, 2009). Data showing the average ticket price for a sample of 14 teams in the National Football League are as follows.
a. What is the mean ticket price?
b. The previous year, the mean ticket price was $72.20. What was the percentage increase in the mean ticket price for the one-year period?
c. Compute the median ticket price.
d. Compute the first and third quartiles.
e. Compute the standard deviation.
f. What is the z-score for the Dallas Cowboys ticket price? Should this price be considered an outlier?Explain.
Step by Step Answer:
Essentials Of Statistics For Business And Economics
ISBN: 9781305081598
7th Edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam