lberries08
lberries08
05.04.2021 • 
Mathematics

A Sampling Distribution for Average Salary of NFL Players Use StatKey or other technology to generate a sampling distribution of sample means using a sample of size from the YearlySalary values in the dataset NFLContracts2015, which gives the total and yearly money values from the contracts of all NFL players in 2015. Data is given in millions of dollars, and all answers should be given in millions of dollars. Click here for the dataset associated with this question. Click here to access StatKey. (a) What are the smallest and largest YearlySalary values in the population? Round your answers to three decimal places. Smallest value = Enter your answer in accordance to item (a) of the question statement million dollars Largest value = Enter your answer in accordance to item (a) of the question statement million dollars (b) What are the smallest and largest sample means in the sampling distribution? Round your answers to two decimal places. Smallest mean = Enter your answer in accordance to item (b) of the question statement million dollars Largest mean = Enter your answer in accordance to item (b) of the question statement million dollars (c) What is the standard error (that is, the standard deviation of the sample means) for the sampling distribution for samples of size ? Round your answer to one decimal place. Standard error = Enter your answer in accordance to item (c) of the question statement million dollars (d) Generate a new sampling distribution with samples of size . What is the standard error for this sampling distribution? Round your answer to one decimal place. Standard error = Enter your answer in accordance to item (d) of the question statement million dollars

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