Concept explainers
Refer to the Baseball 2012 data, which reports information on the 30 Major League Baseball teams for the 2012 season. Set up three variables:
- Divide the teams into two groups, those that had a winning season and those that did not. That is, create a variable to count the teams that won 81 games or more, and those that won 80 or less.
- Create a new variable for attendance, using three categories: attendance less than 2.0 million, attendance of 2.0 million up to 3.0 million, and attendance of 3.0 million or more.
- Create a variable that shows the teams that play in a stadium less than 15 years old versus one that is 15 years old or more.
Answer the following questions.
- a. Create a table that shows the number of teams with a winning season versus those with a losing season by the three categories of attendance. If a team is selected at random, compute the following
probabilities: - 1. The team had a winning season.
- 2. The team had a winning season or attendance of more than 3.0 million.
- 3. The team had a winning season given attendance was more than 3.0 million.
- 4. The team has a winning season and attracted fewer than 2.0 million fans.
- b. Create a table that shows the number of teams with a winning season versus those that play in new or old stadiums. If a team is selected at random, compute the following probabilities:
- 1. Selecting a team with a winning season.
- 2. The likelihood of selecting a team with a winning record and playing in a new stadium.
- 3. The team had a winning record or played in a new stadium.
a.
Construct a table showing the number of teams with a winning season versus those with a losing season by the three categories of attendance.
1. Find the probability that the team had a winning season.
2. Find the probability that the team had a winning season or attendance of more than 3.0 million.
3. Find the probability that the team had a winning season given attendance was more than 3.0 million.
4. Find the probability that the team has a winning season and attracted fewer than 2.0 million attendance.
Answer to Problem 93DE
1. The probability that the team had a winning season is 0.5667.
2. The probability that the team had a winning season or attendance of more than 3.0 million is 0.5333.
3. The probability that the team had a winning season given attendance was more than 3.0 million is 0.7778.
4. The probability that the team has a winning season and attracted fewer than 2.0 million attendance is 0.1.
Explanation of Solution
Wins of the team are classified into two categories, namely, winning season (81 or more) and not winning season (less than 81); Attendance with three categories: low (less than 2.0 million), moderate (2.0 million to 3.0 million), and high (more than 3.0 million).
The relationship between the number of teams with a winning season versus those with a losing season by the three categories of attendance is shown in the following table:
Attendance | Total | ||||
Low | Moderate | High | |||
Winning season | No | 4 | 7 | 2 | 13 |
Yes | 3 | 7 | 7 | 17 | |
Total | 7 | 14 | 9 | 30 |
1.
The probability that the team had a winning season is calculated as follows:
Thus, the probability that the team had a winning season is 0.5667.
2.
The probability that the team had a winning season or attendance of more than 3.0 million is calculated as follows:
Thus, the probability that the team had a winning season or attendance of more than 3.0 million is 0.5333.
3.
The probability that the team had a winning season given attendance was more than 3.0 million is calculated as follows:
Thus, the probability that the team had a winning season given attendance was more than 3.0 million is 0.7778.
4. The probability that the team has a winning season and attracted fewer than 2.0 million attendance is calculated as follows:
Thus, the probability that the team has a winning season and attracted fewer than 2.0 million attendance is 0.1.
b.
Construct a table showing the number of teams with a winning season versus those that play in new or old stadiums.
1. Find the probability to select a team with winning season.
2. Find the probability of selecting a team with a winning record and playing in a new stadium.
3. Find the probability that the team had a winning record or played in a new stadium.
Answer to Problem 93DE
1. The probability of selecting a team with winning season is 0.5667.
2. The probability of selecting a team with a winning record and playing in a new stadium is 0.2667.
3. The probability that the team had a winning record or played in a new stadium is 0.8.
Explanation of Solution
Wins of the team are classified into two categories, namely, winning season (81 or more) and not winning season (less than 81); stadium with two categories: new (less than 15 years old) and old (15 years old or more).
The relationship between the number of teams with a winning season versus those that play in new or old stadiums is shown in the following table:
Season | Total | ||
Winning | Not winning | ||
New stadium | 8 | 7 | 15 |
Old stadium | 9 | 6 | 15 |
Total | 17 | 13 | 30 |
1.
The probability of selecting a team with winning season is calculated as follows:
Thus, the probability that the team had a winning season is 0.5667.
2.
The probability of selecting a team with a winning record and playing in a new stadium is calculated as follows:
Thus, the probability of selecting a team with a winning record and playing in a new stadium is 0.2667.
3.
The probability that the team had a winning record or played in a new stadium is calculated as follows:
Thus, the probability that the team had a winning record or played in a new stadium is 0.8.
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Chapter 5 Solutions
Statistical Techniques in Business and Economics, 16th Edition
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