Player Payrolls for the Top 20 Teams in Professional Baseball

question 103

Multiple Choice

Player payrolls for the top 20 teams in professional baseball are shown in the table below.Identify the 1st quartile value.

• A)86.05
• B)77.25
• C)92.81
• D)97.08
• E)89.50

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Definitions:

Normal Probability Distribution

A continuous probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence.

Symmetry

A property where a shape or figure is identical on both sides of a dividing line or plane, indicating balance and proportion.

Standard Deviation

An analysis method to quantify the level of scattering or variability among a set of measures.

Standard Normal Distribution

A normal distribution with a mean of zero and a standard deviation of one, used in statistical analyses.