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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 Markov $6,000,000 Torrey Mitchell $1,000,000 Joel Hanley $667,000 $7,000,000 Lars Eller
Tom Gilbert $2,800,000 Danel Carr Alex Galchenyuk $2,500,000 Phillip Danault $833,000 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 descripti n of the 2015-2016 Canadiens salary compared to how well they play for O We would like a description of the 2015-2016 O We would like a description of the 2015-2016 Canadiens salaries for management. Are O We would like a description of the 2015-2016 Canadiens length of playing time for management. Are there any management. Is salary related to the expertise of the players? features in the distribution? too much? anadiens salaries for management. Are there any interesting some players getting paid interesting features in the distribution?
: Resources Give Up? interesting features in the distribution? PLAN: Choose the best plan to achieve the outcome for management. O we will graph the data with a bar chart after rounding to the nearest $1,000. Based on the shape of the graph, we O we will graph the data with a stemplot after rounding to the nearest $100,000. Based on the shape of the graph O we will graph the data with a scatterplot after rounding to the nearest $1,000,000. B ed on the shape of O we will graph the data with a scatterplot after rounding to the nearest $100,000 Based on the shape of the will compute appropriate summary statistics (based on the actual salaries). we will compute appropriate summary statistics (based on the actual salaries). graph, we will compute appropriate summary statistics (based on the actual salaries). we will compute appropriate summary statistics (based on the actual salaries). the graph, SOLVE: Which of the following describes the resulting graph of the data? O The graph shows a left-skewed distribution. O The graph shows a symmetric distribution. O The graph shows a bimodal distribution. o2
O The graph shows a left-skewed distribution. 0 The graph shows a symmetric distribution. 。The graph shows a bimodal distribution. 0 The graph shows a right-skewed distribution. What is the median for these data? (Enter your answer rounded to the nearest whole number.) necdlinm 1O00 ian: What is the mean for these data? (Enter your answer rounded to one decimal place.) mean: 2359 CONCLUDE: What can we conclude from the data? Select the most appropriate answer.
CONCLUDE: What can we conclude from the data? Select the most appropriate answer. O 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 half the players earn less than $2 million per season, whereas a second group earns between $2 million and S4 million. A third group of players makes $8 million or more. O The team salaries range from about $600.000 to about $7 million. The median salary is about $3 million. There must be some differential in pay for team stars, because more than a third the players earn less than $2 million per season, whereas a second group earns between $2 million and S4 million. About half of the players make $5 million or more. o The team salaries range from about $600,000 to about $7 million. The median salary s $1 million. There must be some differential in pay for team stars, because more than half 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. O The team salaries range from about $600,000 to about $7 million. The mean salary is $1 million. There must be some differential in pay for team stars. because more than half the players earn less than $2 million per season, whereas a second group earns between $2 million and $6 million. A third group of players makes $5 million or more.
math   Statistics-And-Probability   
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Answer #1

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

PLAN:
We will graph the data with a stem plot after rounding the nearest$100000. Based on the shape of the graph we will compute appropriate summary statistics

Stem (1000,000) Leaf 1 000000000000000 2 0 3 000 4000 5 0 6 00 7 000

SOLVE:
The graph shows a right-skewed distribution

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.

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