Discussion:
Q: Listed below are the salaries for the New York Yankees for the year 2000. The salary information is reported in millions of dollars.
$9.86 $9.50 $8.25 $6.25 $6.00 $5.95
5.25 5.00 4.33 4.30 4.25 3.40
3.13 2.02 2.00 1.90 1.85 1.82
0.80 0.38 0.35 0.35 0.20 0.20
0.20 0.20 0.20 0.20 0.20
a. Determine the mean, median, and the standard deviation.
b. Determine the coefficient of skewness using Pearson's method.
c. Determine the coefficient of skewness using the software method.