Refer to the Baseball 2016 data that report information on the 30 Major League Baseball teams for

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Refer to the Baseball 2016 data that report information on the 30 Major League Baseball teams for the 2016 season.
a. In the data set, the year opened, is the first year of operation for that stadium. For each team, use this variable to create a new variable, stadium age, by subtracting the value of the variable, year opened, from the current year. Develop a box plot with the new variable, age. Are there any outliers? If so, which of the stadiums are outliers?
b. Using the variable, salary, create a box plot. Are there any outliers? Compute the quartiles using formula (4–1). Write a brief summary of your analysis.
c. Draw a scatter diagram with the variable, wins, on the vertical axis and salary on the horizontal axis. What are your conclusions?
d. Using the variable, wins, draw a dot plot. What can you conclude from this plot?

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Statistical Techniques in Business and Economics

ISBN: 978-1259666360

17th edition

Authors: Douglas A. Lind, William G Marchal

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