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Refer to the Baseball 2009 data, which report information on the 2009 Major League

Statistical Techniques in Business and Economics | 15th Edition | ISBN: 9780073401805 | Authors: Douglas Lind, William Marchal, Samuel Wathen ISBN: 9780073401805 480

Solution for problem 42 Chapter Chapter 18

Statistical Techniques in Business and Economics | 15th Edition

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Statistical Techniques in Business and Economics | 15th Edition | ISBN: 9780073401805 | Authors: Douglas Lind, William Marchal, Samuel Wathen

Statistical Techniques in Business and Economics | 15th Edition

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Problem 42

Refer to the Baseball 2009 data, which report information on the 2009 Major League Baseball season. a. Rank the teams by the number of wins and their total team salary. Compute the coefficient of rank correlation between the two variables. At the .01 significance level, can you conclude that it is greater than zero? b. Assume that the distributions of team salaries for the American League and National League do not follow the normal distribution. Conduct a test of hypothesis to see whether there is a difference in the two distributions. c. Rank the 30 teams by attendance and by team salary. Determine the coefficient of rank correlation between these two variables. At the .05 significance level, is it reasonable to conclude the ranks of these two variables are related

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Textbook: Statistical Techniques in Business and Economics
Edition: 15
Author: Douglas Lind, William Marchal, Samuel Wathen
ISBN: 9780073401805

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Refer to the Baseball 2009 data, which report information on the 2009 Major League

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