Question
MAT 152 Project 3: MLB Team Salaries The data set below is the total salary of each Major League Baseball (MLB) team salaries per team
MAT 152 Project 3: MLB Team Salaries
The data set below is the total salary of each Major League Baseball (MLB) team salaries per team in 2016. Find the probabilities for normal distributions and specified data values using the salaries below. Round probability and percent with four digits, all other answers to one decimal place. All MLB teams are listed.
Team | Team Abbreviation | League | Salary ($M) | Wins | Losses |
Arizona Diamondbacks | ARI | NL | 92.00 | 69 | 93 |
Atlanta Braves | ATL | NL | 77.07 | 68 | 93 |
Baltimore Orioles | BAL | AL | 141.74 | 89 | 73 |
Boston Red Sox | BOS | AL | 198.33 | 93 | 69 |
Chicago Cubs | CHC | NL | 163.81 | 103 | 58 |
Chicago White Sox | CHW | AL | 113.91 | 78 | 84 |
Cincinnati Reds | CIN | NL | 80.91 | 68 | 94 |
Cleveland Indians | CLE | AL | 92.65 | 94 | 67 |
Colorado Rockies | COL | NL | 103.60 | 75 | 87 |
Detroit Tigers | DET | AL | 192.31 | 86 | 75 |
Houston Astros | HOU | AL | 89.06 | 84 | 78 |
Kansas City Royals | KCR | AL | 136.56 | 81 | 81 |
Los Angeles Angels | LAA | AL | 160.99 | 74 | 88 |
Los Angeles Dodgers | LAD | NL | 248.32 | 91 | 71 |
Miami Marlins | MIA | NL | 64.02 | 79 | 82 |
Milwaukee Brewers | MIL | NL | 51.20 | 73 | 89 |
Minnesota Twins | MIN | AL | 99.81 | 59 | 103 |
New York Mets | NYM | NL | 128.41 | 87 | 75 |
New York Yankees | NYY | AL | 221.57 | 84 | 78 |
Oakland Athletics | OAK | AL | 80.61 | 69 | 93 |
Philadelphia Phillies | PHI | NL | 91.62 | 71 | 91 |
Pittsburgh Pirates | PIT | NL | 95.84 | 78 | 83 |
San Diego Padres | SDP | NL | 94.12 | 68 | 94 |
San Francisco Giants | SEA | AL | 166.74 | 86 | 76 |
Seattle Mariners | SFG | NL | 139.80 | 87 | 75 |
St. Louis Cardinals | STL | NL | 143.51 | 86 | 76 |
Tampa Bay Rays | TBR | AL | 60.07 | 68 | 94 |
Texas Rangers | TEX | AL | 158.68 | 95 | 67 |
Toronto Blue Jays | TOR | AL | 131.91 | 89 | 73 |
Washington Nationals | WSN | NL | 142.50 | 95 | 67 |
Find the probabilities for normal distributions and specified data values using the salaries below. Round probability and percent with four digits, all other answers to one decimal place. All MLB teams are listed.
- Find the mean of the MLB salaries.
- Find the standard deviation of the MLB salaries.
- Sketch the normal curve of the MLB salaries.
- Are there any unusual MLB salaries? List the team(s) and show your work to justify your answer.
- Do you believe teams are fairly paid? Explain.
- Your family member is considering a profession in Major League Baseball. If he is chosen for the draft:
- find the probability he will play for a team that has a total salary of less than $70 million.
- find the probability he will play for a team that has a total salary of more than $125 million.
- find the probability he will be play for a team that has a total salary between $60 and $100 million.
- What percent of the teams have a total salary of more than $200 million?
- Your family member believes he is pretty good, but it may take him some time to climb up the ladder. He believes the team that drafts him will be in the bottom 15% of the salaries. What team(s) fall into this category? Show your work.
- Describe any patterns or trends observed.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
To analyze the MLB team salaries for 2016 we will go through the steps as outlined 1 Mean of MLB Salaries To find the mean average salary sum all the salaries and divide by the number of teams Mean Sa...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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