Descriptive Statistics

Essay by bawiiiUniversity, Bachelor's December 2008

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Descriptive Statistics Paper- � PAGE �1� - - � PAGE �1� -

RUNNING HEAD: Descriptive Statistics Paper

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Abstract

This paper focuses on statistics of Major League Baseball and the research problem that if the stadium size and amount of fans necessarily mean that the team has more money to spend on the players. Two teams will be looked at, the New York Yankees with the largest stadium and the Boston Red Sox who seat the fewest. Different variables will be focused on to determine that if the team's salaries and stadium size relate to more fans, more wins, and the populations of the cities that they are played in.

Descriptive Statistics Paper

As Jake Norworth wrote "Take me out to the ball game, Take me out to the crowd, Buy me some peanuts and cracker jacks, I don't care if I ever get back, and it's root, root, root, for my home team, If they don't win, it's a shame cause it's one, two, three strikes you're out at the old ball game."

Americans love watching baseball and they love the stadiums they are played in. Stadiums sizes vary some are 57,746 square feet and others being 38,127 square feet. This research will investigate if a correlation between the size of the stadium and the amount of fans that a professional baseball team has potential to bring in, relates to the amount of money that they have available to spend on their players.

This research believes there can be three possible outcomes. The first possible outcome concerning the research would have to be supply and demand. The second possible outcome for this research could be taking a risk on a losing team. The third possible outcome for this research is if spending money on a minor league team can...