Question

The table gives the salaries of the 2015-2016 ro Nathan
Tomas Plekaneo $5000,000Bryan Flynn50,000Marik Barberio $600,000 Max Pacioretty $4,000,000Jacob De La Roe $925,000 Steven Matteau $575000 Alexei Emelin $3900,000 chael McCarron 2000 Greg Pateryn $75,000 David Deehahats $3,500,000Pal Byron$ Tom Gilbert$2,800,000Danel Carr $892,000 Alex Galchenyuk $2.500,000Phillilp Danault$833,000 $900,000 Michael Condon $575,000 To access the complete data set, click the link for your preferred software format Excel Minitab JMP SPSS TI R Mac-TXT PCTXT CSV Crunchlt STATE: Choose the question that best describes the information we want to convey to the team owner O We would like a description of the 2015-2016 Canadiens salary compared to how well they play for O We would like a description of the 2015-2016 Canadiens salaries for management, Are there any interesting O we would like a description of the 2015-2016 Canadiens salaries for management. Are some players getting O We would like a description of the 2015-2016 Canadiens length of playing time for management. Are there any management. Ia salary related to the expertise of the players? features in the distribution? paid too much? interesting features in the distribution?
media%2Fa83%2Fa8335253-4c2c-4b30-9221-36
media%2F75f%2F75ff2150-c459-45e7-8502-5d
0 0
Add a comment Improve this question Transcribed image text
Answer #1

STATE
We would like a description of the 2015-2016 Canadiens' salaries for managmenet. Are some players getting paid too much?

PLAN:
We will graph the data with a bar chart after rounding to the nearest $1000. Based on the shape of the graph, we will compute appropriate summary statistics(based on the actual salaries).

SOLVE:
The graph shows a right skewed distribution

Salary distribution 8000 7000 6000 5000 4000 3000 2000 1000 0 Ll 1 2 3 4 5 6 7 8 9 101112131415 1617 18 19 202122232425 2627 2829 30 31 32 Player salary_1000

What is the median for these data?
1000
What is the mean of the data?
2,359

CONCLUDE
The team salaries range from about $600,000 to about $7 million. The median salary is $1 million. There must be some differential in pay for team stars because more than halp the players earn less than $2 million per season, whereas a second group earns between $2 million and $4 million. A third group of players makes $5 million or more.

Add a comment
Know the answer?
Add Answer to:
The table gives the salaries of the 2015-2016 ro Nathan Tomas Plekaneo $5000,000Bryan Flynn50,000Marik Barberio $600,000...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 332/400 The Montreal Canadiens were founded in 1909, and they are the longest continuously operating The...

    332/400 The Montreal Canadiens were founded in 1909, and they are the longest continuously operating The table gives the salaries of the 2015-2016 roster. Provide the team owner with a full description of the distribution of salaries and a brief summary of its most important features. Use the four-step process. Salaries for the 2015-2016 Montreal Canadiens Player Jeff Petry Р.К. Suban 2,500.000Lucas Lessio $833,000 7,000,000 Ben Scrivens $2.300,000 Victor Bartley $800,000 Carey Price $6,500,000 Mike Brown $1.250,000Darren Dietz $690,000 Andrei...

  • The Montreal Canadiens were founded in 1909, and they are the longest continuously operating professional ice...

    The Montreal Canadiens were founded in 1909, and they are the longest continuously operating professional ice hockey team. The team has won 24 Stanley Cups, making them one of the most successful professional sports teams of the traditional four major sports of Canada and the United States. The table gives the salaries of the 2015-2016 roster. Provide the team owner with a full description of the distribution of salaries and a brief summary of its most important features. Use the...

  • Problem 22-1 The management of Cheyenne Instrument Company had concluded, with the concurrence of its independent...

    Problem 22-1 The management of Cheyenne Instrument Company had concluded, with the concurrence of its independent auditors, that results of operations would be more fairly presented if Cheyenne changed its method of pricing inventory from last-in, first-out (LIFO) to average-cost in 2017. Given below is the 5-year summary of income under LIFO and a schedule of what the inventories would be if stated on the average-cost method. We were unable to transcribe this imageWe were unable to transcribe this imageProbu...

  • Please use own words. Thank you. CASE QUESTIONS AND DISCUSSION > Analyze and discuss the questions...

    Please use own words. Thank you. CASE QUESTIONS AND DISCUSSION > Analyze and discuss the questions listed below in specific detail. A minimum of 4 pages is required; ensure that you answer all questions completely Case Questions Who are the main players (name and position)? What business (es) and industry or industries is the company in? What are the issues and problems facing the company? (Sort them by importance and urgency.) What are the characteristics of the environment in which...

  • JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per...

    JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...

  • Risk management in Information Security today Everyday information security professionals are bombarded with marketing messages around...

    Risk management in Information Security today Everyday information security professionals are bombarded with marketing messages around risk and threat management, fostering an environment in which objectives seem clear: manage risk, manage threat, stop attacks, identify attackers. These objectives aren't wrong, but they are fundamentally misleading.In this session we'll examine the state of the information security industry in order to understand how the current climate fails to address the true needs of the business. We'll use those lessons as a foundation...

  • JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per...

    JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...

  • JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per...

    JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT