Question

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

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

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.