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Title: Descriptive Statistics

Essay Details

Subject: Miscellaneous
Date: August 25, 1997
Length: 12 / 3556
No of views: 0
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Essay text:

The following table shows the ranking of some of the highest paid teams and their rankings. According to the October 5th 2005 news analysis, the rankings and the salaries of national league players can be surprising. Salary Standings NL EAST SALARY STANDING* (Millions of Dollars) FINAL STANDING IN DIVISION New York Mets $101 4th Philadelphia Phillies $96 2nd Atlanta Braves $86 1st--playoff bound Florida Marin $60 3rd Washington $46 5th and last When calculating the measures of central tendency and dispersion a?“ out of the five team salary data, the median salary is $86K and the mean is $78K...

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The standard deviation ranges from $46K to $101K. Taking into consideration that the highest salary standing team was the New York Mets who finished in 4th place that year and the lowest salary was the Washington Nationals who finished 5th which was last place in the MLB Division Standings...

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