Business, 23.09.2020 14:01, muravyevaarina

Companies are sometimes interested in their costs and output and relating the two. The data set here has one part of the cost for a professional sports league, the players' salaries, and one measure of their output, their points scored. The data are for the NBA for the 2009-2010 season. Use the Data Analysis feature in Excel to help you find the correct answers. A. 43 percent
B. 23031683
C. 564
D. 544.5
E. 102 percent
F. 4639733
G. 21343796
H. 422 I. 613J. 0.5475 K. 2908060 L. 488 M. 825497 N. 23.7 O. 14525377 P. 0.7455
How many observations are in the data set?
What is the range of salaries?
What is the mean salary?
According to excel what is the median for salary?
What is the mean for points?
What is the standard deviation for points?
What is the coefficient of variation for salary? Hint you will have to do an additional calculation to get this since excel does not give this directly
What is the correlation between salary and points?

Answers: 3

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Companies are sometimes interested in their costs and output and relating the two. The data set here...