A researcher has determined that the distribution of annual salaries of NBA players is bell-shaped and symmetrical about the mean salary, do you think that introducing Michael Jordan?s last annual salary of more than $30 million would skew this distribution? Explain why or why not. What would be the best measure of central tendency for this distribution? Explain;Need a comment (verify this solution) from the answer below (25-75 words).;By adding Michael Jordan's $30 million the shape of the curve would no longer be bell-shaped but would become positively skewed. Furthermore, the distribution of the annual salaries would no longer be symmetrical as it would be incorporating the $30 million which is an outlier as NBA players do not make any where near this amount annually. The best measure of central tendency for this scenario would be to use median as it is not affected by extremely large values.
Paper#26168 | Written in 18-Jul-2015Price : $27