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New York Yankees Salary Analysis

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I need some help with calculations in these three questions:
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.

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

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Solution Summary

This solution contains an analysis of the New York Yankees Salary which determines the mean, median, standard deviation and coefficient of skewness with step-by-step calculations and explanations.

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