Using the McGraw-ll Dataset in the Excel file, , complete the following tasks: Task#1: 1) Create a frequency distribution table for the Team Salary variable and answer the questions: 2) What is the range of salary? 3) What is the shape of the distribution? Does it appear that any of the teams have a salary that is out of line with the others? 4) Draw a cumulative relative frequency distribution of team salary. Using this distribution, forty percent of the teams have a salary of less than what amount? 5) About how many teams have a total salary of more than $220 million? Task#2: 1) The Year Opened is the first year of operation for that stadium. For each team, use this variable to create a new variable, stadium age, by subtracting the value of the variable Year Opened from the current year. 2) Develop a box plot with the new variable Stadium Age. 3) Are there any outliers? If so, which of the stadiums are outliers? 4) Using the variable salary create a box plot. Are there any outliers? 5) Compute the Salary quartiles using formula 4-1. Write a brief summary of your analysis. 6) Draw a scatter diagram with the variable Wins on the vertical axis and salary on the horizontal axis. What are your conclusions?
