Concept explainers
The data (in millions of dollars) are the values of the 30 Major League baseball franchises.
(a) Construct a frequency distribution for the data using eight classes.
585 413 508 1,850 643 591 480 464 450 321 336 1,400 674 447 458 510 448 719 600 460 879 424 323 656 478 723 1,000 549 410 354
Source. Forbes Magazine
(b) Draw a histogram for the data. Does it appear to be approximately
(c) The value of the San Francisco Giants was $643 million. What was their percentile rank?
(d) What was the value of the franchise at the 20th percentile?
(e) Draw a box plot for the data. Find any outliers.
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