Question 2 - Major League Baseball The data provided in MLBTeams.xlsx gives the 2014 franchise value and revenues for each of the 30 teams in Major League Baseball as reported by Forbes magazine and as listed on the Forbes.com website on January 14, 2015. Note: All the steps should be clearly explained, and the results should be interpreted in the form of a managerial statement with a proper conclusion. Plots/graphs should be labeled and displayed properly, readable, and neatly. a) Develop a frequency distribution and a frequency histogram for the 30 team values. Then describe the distribution of team values. b) Develop a percent frequency distribution and a percent frequency histogram for the 30 team revenues. Then describe the distribution of team revenues. c) Draw a percent frequency polygon for the 30 team values Data = MLBTeams.xlsx MLB Team Valuations and Revenues Rank Team Value (Smil) Revenue (Smil) 4 1 New York Yankees 2500 461 5 2 Los Angeles Dodgers 2000 293 6 3 Boston Red Sox 1500 357 7 4 Chicago Cubs 1200 266 8 5 San Francisco Giants 1000 316 9 6 Philadelphia Phillies 975 265 10 7 Texas Rangers 825 257 11 8 St. Louis Cardinals 820 283 12 9 New York Mets 800 238 13 10 Los Angeles Angels 775 253 14 11 Atlanta Braves 730 253 15 12 Seattle Mariners 710 210 16 13 Washington Nationals 700 244 17 14 Chicago White Sox 695 210 18 15 Detroit Tigers 680 262 19 16 Baltimore Orioles 620 198 20 17 San Diego Padres 615 207 21 18 Toronto Blue Jays 610 218 22 19 Minnesota Twins 605 221 23 20 Cincinnati Reds 600 209 24 21 Arizona Diamondbacks 585 192 25 22 Colorado Rockies 575 197 26 23 Pittsburgh Pirates 572 204 27 24 Cleveland Indians 570 196 28 25 Milwaukee Brewers 565 197 29 26 Houston Astros 530 186 30 27 Miami Marlins 500 159 31 28 Oakland Athletics 495 187 32 29 Kansas City Royals 490 178 33 30 Tampa Bay Rays 485 181

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Question 2 - Major League Baseball
The data provided in MLBTeams.xlsx gives the 2014 franchise value and revenues for each of the 30
teams in Major League Baseball as reported by Forbes magazine and as listed on the Forbes.com website
on January 14, 2015.
Note: All the steps should be clearly explained, and the results should be interpreted in the form of a
managerial statement with a proper conclusion. Plots/graphs should be labeled and displayed properly,
readable, and neatly.
a) Develop a frequency distribution and a frequency histogram for the 30 team values. Then describe the
distribution of team values.
b) Develop a percent frequency distribution and a percent frequency histogram for the 30 team
revenues. Then describe the distribution of team revenues.
c) Draw a percent frequency polygon for the 30 team values
Data = MLBTeams.xlsx
MLB Team Valuations and Revenues
Rank
Team
Value (Smil) Revenue (Smil)
4
1
New York Yankees
2500
461
5
2
Los Angeles Dodgers
2000
293
6
3
Boston Red Sox
1500
357
7
4
Chicago Cubs
1200
266
8
5
San Francisco Giants
1000
316
9
6
Philadelphia Phillies
975
265
10
7
Texas Rangers
825
257
11
8
St. Louis Cardinals
820
283
12
9
New York Mets
800
238
13
10
Los Angeles Angels
775
253
14
11
Atlanta Braves
730
253
15
12
Seattle Mariners
710
210
16
13
Washington Nationals
700
244
17
14
Chicago White Sox
695
210
18
15
Detroit Tigers
680
262
19
16
Baltimore Orioles
620
198
20
17
San Diego Padres
615
207
21
18
Toronto Blue Jays
610
218
22 19
Minnesota Twins
605
221
23
20
Cincinnati Reds
600
209
24
21
Arizona Diamondbacks
585
192
25
22
Colorado Rockies
575
197
26
23
Pittsburgh Pirates
572
204
27
24
Cleveland Indians
570
196
28
25
Milwaukee Brewers
565
197
29
26
Houston Astros
530
186
30
27
Miami Marlins
500
159
31
28
Oakland Athletics
495
187
32
29
Kansas City Royals
490
178
33
30
Tampa Bay Rays
485
181
Transcribed Image Text:Question 2 - Major League Baseball The data provided in MLBTeams.xlsx gives the 2014 franchise value and revenues for each of the 30 teams in Major League Baseball as reported by Forbes magazine and as listed on the Forbes.com website on January 14, 2015. Note: All the steps should be clearly explained, and the results should be interpreted in the form of a managerial statement with a proper conclusion. Plots/graphs should be labeled and displayed properly, readable, and neatly. a) Develop a frequency distribution and a frequency histogram for the 30 team values. Then describe the distribution of team values. b) Develop a percent frequency distribution and a percent frequency histogram for the 30 team revenues. Then describe the distribution of team revenues. c) Draw a percent frequency polygon for the 30 team values Data = MLBTeams.xlsx MLB Team Valuations and Revenues Rank Team Value (Smil) Revenue (Smil) 4 1 New York Yankees 2500 461 5 2 Los Angeles Dodgers 2000 293 6 3 Boston Red Sox 1500 357 7 4 Chicago Cubs 1200 266 8 5 San Francisco Giants 1000 316 9 6 Philadelphia Phillies 975 265 10 7 Texas Rangers 825 257 11 8 St. Louis Cardinals 820 283 12 9 New York Mets 800 238 13 10 Los Angeles Angels 775 253 14 11 Atlanta Braves 730 253 15 12 Seattle Mariners 710 210 16 13 Washington Nationals 700 244 17 14 Chicago White Sox 695 210 18 15 Detroit Tigers 680 262 19 16 Baltimore Orioles 620 198 20 17 San Diego Padres 615 207 21 18 Toronto Blue Jays 610 218 22 19 Minnesota Twins 605 221 23 20 Cincinnati Reds 600 209 24 21 Arizona Diamondbacks 585 192 25 22 Colorado Rockies 575 197 26 23 Pittsburgh Pirates 572 204 27 24 Cleveland Indians 570 196 28 25 Milwaukee Brewers 565 197 29 26 Houston Astros 530 186 30 27 Miami Marlins 500 159 31 28 Oakland Athletics 495 187 32 29 Kansas City Royals 490 178 33 30 Tampa Bay Rays 485 181
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