Question

Baseball salaries Suppose that a Major League Base- 10 ball team’s mean yearly salary for its players is $1.2 million and that the team has 25 players on its active roster. What is the team’s total annual payroll? If you 5 knew only the median salary, would you be able to answer this question? Why or why not?

Answer 1

total payoff = 30 million

and

we know median here not have any data about payoff of player so we cant find total annual payoff by median

Step-by-step explanation:

given data

no of player n = 25

mean salary = $1.2 million

to find out

total annual payroll and if you know mean salary would you answer

solution

we find here total annual payoff by mean formula that is

mean =
`(total annual payoff)/(n)` .................1

so

total annual payoff = mean × n

put here value

total annual payoff = 1.2 million× 25

total payoff = 30 million

and

we know median here not have any data about payoff of player so we cant find total annual payoff by median