Show me the bucks By Semran Thamer
The histogram that shows the salaries of the Jacksonville Jaguars last year shows info that is skewed right. There are two main outliers that are, $13, 95, 000, and $12, 367, 500, which can be unusual as they are of a higher amount than is usually earned by the rest of the team. The bulk of the data lies in amounts that range from 300 dollar, 000 to $1, 1000, 000. The form of the info represents a bell curve, because a lot of the salaries are less than $1, 000, 500.
Standard Salaries Data
Mean- $2, 006, 742. 122
Median- $1, 016, 630
Standard Deviation- $2, 741, 746. 033
Salaries with $100, 000 Bonus Data
Mean- $2, 106, 742. 122
Median- $1, 116, 630
Normal Deviation- $2, 741, 746. 033
With all the $100, 500 bonus, the mean and the median improved by $22.99, 000, mainly because we improved all the wages by $100, 000. However , the standard deviation was not affected, because the circulation of data was not affected.
Salaries with 20% increase Info
Mean- $2, 408, 090. 547
Median- $1, 219, 956
Standard Deviation- $3, 290, 095. 24
With a 20% increase, the imply of the wages increased simply by $401, 348. The Typical increased by simply $203, 326. The standard deviation increased by $548, 349. The increases that happened with the added 20% improved the mean, median, and standard change by raising it 20%. The standard deviation in this case transformed, because the syndication of data was affected immediately, by twenty percent. As a statistician who makes $500, 1000, I more than likely take a choice, because either way I would earn the same amount of $600, 000. However , easily were to get promoted in the future, I would choose the 20% maximize, because We would gain additional money.
