Explain how the relationship between the mean and median provides information about the symmetry or skewness of the data’s distribution.
The salaries of superstar professional athletes receive much attention in the media. The multimillion dollar long-term contract is now commonplace among this elite group.
A. If a players’ association wanted to support its argument for higher “average salaries” which measure of central tendency do you think it should use and why?
B. To refute the argument which measure of central tendency should the owners apply to the players’ salaries and why?
Determine whether a random variable is discrete or continuous:
a. The number of points scored during a basketball game
b. The height of a randomly selected giraffe
c. The time it takes for a light bulb to burn out
d. The exact time it takes to evaluate 27+72
e. The number of light bulbs that burn out in the next week in a room with 14 bulbs