What is the percentage we're at the $40 million or more range? ### Educational Content on Payroll Distribution of Baseball Teams**Time Management:**- **Remaining Time:** 41 minutes, 36 seconds.- **Note:** Less than half of the allotted time remains for this exam.**Question Overview:**This section examines the payroll distribution for 26 major-league baseball teams. You are required to calculate the percentage of teams with payrolls at a specific range and input your answer as a percentage.**Graph Explanation:**- **Title:** Payroll of Baseball Teams (in millions of dollars)- **Axes:** - **X-axis (Payroll Ranges):** - $0-$10 million - $10-$20 million - $20-$30 million - $30-$40 million - $40-$50 million - **Y-axis (Frequency):** - Range from 0 to 12. - **Data Representation:** - $0-$10 million: 1 team - $10-$20 million: 2 teams - $20-$30 million: 11 teams - $30-$40 million: 7 teams - $40-$50 million: 5 teams**Calculation Task:**You need to determine approximately what percentage of these teams have payrolls of $40 million or more. According to the graph, 5 teams fall within the $40-$50 million range.- **Percentage Calculation:** - Divide the number of teams in the $40-$50 million range (5) by the total number of teams (26). - Multiply the result by 100 to convert it to a percentage.\[ \text{Percentage} = \left(\frac{5}{26}\right) \times 100 \]**Clarification:**Round your final answer to the nearest whole number.**Navigation Note:**- Moving to another question will save your current response.Please proceed with your calculation based on the above details.

From the g=figure we see that 5 payrolls were at the $40 million or more range. Total frequency is…

The payroll amounts for 26 major-league baseball teams are shown below. Answer the question and leave the answer as a percentage. Payroll of Baseball Teams (in millions of dollars) 12- 10 - 8- 6- $0-10 $10-20 $20-30 $30-40 $40-50 (Round answer to the nearest Approximately what percentage of the payrolls were at the $40 million or more range? 8 whole number) Kouanbaj

The payroll amounts for 26 major-league baseball teams are shown below. Answer the question and leave the answer as a percentage. Payroll of Baseball Teams (in millions of dollars) 12- 10 - 8- 6- $0-10 $10-20 $20-30 $30-40 $40-50 (Round answer to the nearest Approximately what percentage of the payrolls were at the $40 million or more range? 8 whole number) Kouanbaj

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks