The Associated Press Team Marketing Report listed the Dallas Cowboys as the team with the highest ticket prices in the National Football League (USA Today, October 20, 2009)

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The Associated Press Team Marketing Report listed the Dallas Cowboys as the team with the highest ticket prices in the National Football League (USA Today, October 20, 2009). Data showing the average ticket price for a sample of 14 teams in the National Football League are as follows.

Team Atlanta Falcons   Ticket Price $ 72   Team Green Bay Packers   Ticket Price $63 Buffalo Bills 51 Indianapolis Colts 83 Carolina Panthers 63 New Orleans Saints 62 Chicago Bears 88 New York Jets 87 Cleveland Browns 55 Pittsburgh Steelers 67 Dallas Cowboys 160 Seattle Seahawks 61 Denver Broncos 77 Tennessee Titans 61

a.       What is the mean ticket price?

b.       The previous year, the mean ticket price was $72.20. What was the percentage increase in the mean ticket price for the one-year period?

c.       Compute the median ticket price.

d.       Compute the first and third quartiles.

e.       Compute the standard deviation.

f.        What is the z-score for the Dallas Cowboys’ ticket price? Should this price be considered an outlier? Explain.