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Variance and Covariance: How much to do baseball players really make?

Is baseball really the road to riches? Here, statisticians look at salary data from baseball players and use variance to measure the spread of the data to more accurately answer that question. Note: The salary data provided is from 1994, but one could update the lesson with more up-to-date data and use the lesson synopsis provided. 

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Resource Details

10th - Higher Ed
1 more...
Resource Type
Lesson Plans
45 mins
Database & Spreadsheet
Included Materials
  • Activity

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