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Most valuable NFL teams. Each year Forbes reports on the
Chapter , Problem 26E(choose chapter or problem)
Most valuable NFL teams. Each year Forbes reports on the value of all teams in the National Football League. Although England’s soccer team, Manchester United, is the most valuable team in the world ($1.8 billion), the NFL now has 15 teams worth at least $1 billion. For 2011, Forbes reports that the Dallas Cowboys are the most valuable team in the NFL, worth $1.85 billion. The current values (in $ millions) of all 32 NFL teams, as well as the percentage changes in values from 2010 to 2011, debt-to-value ratios, annual revenues, and operating incomes are listed in the first table below.
a. Use a graph to describe the distribution of current values for the 32 NFL teams.
b. Use a graph to describe the distribution of the 1-year change in current value for the 32 NFL teams.
c. Use a graph to describe the distribution of debt-tovalue ratios for the 32 NFL teams.
d. Use a graph to describe the distribution of the annual revenues for the 32 NFL teams.
e. Use a graph to describe the distribution of operating incomes for the 32 NFL teams.
f. Compare and contrast the graphs, parts a–e.
Questions & Answers
QUESTION:
Most valuable NFL teams. Each year Forbes reports on the value of all teams in the National Football League. Although England’s soccer team, Manchester United, is the most valuable team in the world ($1.8 billion), the NFL now has 15 teams worth at least $1 billion. For 2011, Forbes reports that the Dallas Cowboys are the most valuable team in the NFL, worth $1.85 billion. The current values (in $ millions) of all 32 NFL teams, as well as the percentage changes in values from 2010 to 2011, debt-to-value ratios, annual revenues, and operating incomes are listed in the first table below.
a. Use a graph to describe the distribution of current values for the 32 NFL teams.
b. Use a graph to describe the distribution of the 1-year change in current value for the 32 NFL teams.
c. Use a graph to describe the distribution of debt-tovalue ratios for the 32 NFL teams.
d. Use a graph to describe the distribution of the annual revenues for the 32 NFL teams.
e. Use a graph to describe the distribution of operating incomes for the 32 NFL teams.
f. Compare and contrast the graphs, parts a–e.
Step 1 of 6
a)
Obtain a histogram of current values for the 32 NFL teams.
MINITAB procedure:
Step 1: Choose Graph > Histogram.