The following is a chart of baseball players' salaries and statistics from 2016. RBI's HR's Salary (in millions) Player Name Miquel Cabrera Yoenis Cespedes 108 38 28.050 86 31 27.500 Ryan Howard 59 25 25.000 Albert Pujols 119 31 25.000 Robinson Cano 103 39 24.050 Mark Teixeira 44 15 23.125 Joe Mauer 49 11 23.000 Hanley Ramirez Justin Upton 111 30 22.750 87 31 22.125
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
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