Table 2.12 gives the 2014 franchise value and revenues for each of the 30 teams in Major League Baseball as reported by Forbes magazine and as listed on the Forbes. com website on January 14, 2015.

a. Develop a frequency distribution and a frequency histogram for the 30 team values. Then describe the distribution of team values.

b. Develop a percent frequency distribution and a percent frequency histogram for the 30 team revenues. Then describe the distribution of team revenues.
c. Draw a percent frequency polygon for the 30 team values.

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Major League Baseball Team Valuations and Revenues as Given on the Forbes.com Website on January 14, 2015 (for Exercise 2.24) os MLBTeams TABLE 2.12 Value Value Revenue Revenue ($ mil) ($ mil) (S mil) ($ mil) Rank Team Rank Team New York Yankees Baltimore Orioles 2500 461 16 620 198 San Diego Padres Toronto Blue Jays Los Angeles Dodgers 2000 293 17 615 207 Boston Red Sox 1500 357 18 610 218 Chicago Cubs 1200 Minnesota Twins 4 266 19 605 221 San Francisco Giants Cincinnati Reds 1000 316 20 600 209 Philadelphia Phillies Texas Rangers Arizona Diamondbacks 585 975 265 21 192 22 Colorado Rockies 825 257 575 197 Pittsburgh Pirates St. Louis Cardinals 820 283 23 572 204 New York Mets Cleveland Indians 800 238 24 570 196 Los Angeles Angels Milwaukee Brewers 10 775 253 25 565 197 Atlanta Braves 530 11 730 253 26 Houston Astros 186 210 Seattle Mariners 710 Miami Marlins 12 27 500 159 Washington Nationals Chicago White Sox Detroit Tigers Oakland Athletics 13 700 244 28 495 187 Kansas City Royals 14 695 210 29 490 178 15 680 262 30 Tampa Bay Rays 455 181