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Suppose that five graduating seniors on a college basketball team receive the following first-
year contract offers to play in the National Basketball Association (zero indicates that the
player did not receive a contract offer): 0 0 0 0 $10000000

The college claimed that the average senior on this basketball team received a $2 million contract offer.

Explain how the college came up with this number and why this statement may be misleading.

Respuesta :

sqdancefan

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Answer:

  • the average of the distribution is 2 million
  • the distribution is highly skewed

Step-by-step explanation:

The "average offer" is the average of the 5 offers: 4 that are 0 and 1 that is 10 million.

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That will be misleading because the average is not very representative of the actual distribution. The actual distribution of offers is highly skewed toward lower values.

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