MAT 152 Module Three Project 3 (2)
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Jan 9, 2024
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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. 1.
Find the mean of the MLB salaries. 125.4
2.
Find the standard deviation of the MLB salaries. 47.8
3.
Sketch the normal curve of the MLB salaries.
4.
Are there any unusual MLB salaries? List the team(s) and show your work to justify your answer.
5.
Do you believe teams are fairly paid? Explain. No, the teams are not fairly paid because four teams have the highest payroll that inflate the average salary so the median would give a better measure of center to show the skewness of the data set.
6.
Your family member is considering a profession in Major League Baseball. If he is chosen for the draft: a.
find the probability he will play for a team that has a total salary of less than $70 million.
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There are 30 teams in the league and four teams with a salary lower than 70 million so 4/30 = 2/15 = .1333
b.
find the probability he will play for a team that has a total salary of more than $125 million. 15/30=.5
c.
find the probability he will be play for a team that has a total salary between $60 and $100 million. 11/30=.3667
7.
What percent of the teams have a total salary of more than $200 million
? 2/30*100 = 6.6667%
8.
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.
.15*30=4.5 so team number five and below
Oakland Athletics
Miami Marlins
Tampa Bay Rays
Milwaukee Brewers
Atlanta Braves
9.
Describe any patterns or trends observed. The most famous teams are in big city, with a big budget.