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Economics

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Feb 20, 2024

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Question 3 1 pts Companies are sometimes interested in their costs and output and relating the two. The data set here has one part of cost for a professional sports league, the players' salaries, and one measure of their output, their points scored. The data are for the NBA for the 2009-2010 season. In this problem you are interested in finding the interquartile range. This can be used in making a boxplot, determining spread or variability, and try to identifv outliers. There are different methods for finding quartiles. Use the "quartile.exc" function in excel for this problem. WARNING: other methods may give vou different answers so use this method so that vou get exactly the same answer as I am using. What is the interquartile range for salaries? Do not include a dollar sign. NBA salaries data set is here. 5,419,880
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