514 CASE STUDY │
MLS:
Midpoint, x f xf
250,000.0 403 100,750,000.0
1,250,000.5 5 6,250,002.5
NBA:
Midpoint, x f xf
250,000.0 35 8,750,000.0
1,250,000.5 157 196,250,078.5
4,000,000.5 137 548,000,068.5
NFL:
Midpoint, x f xf
250,000.0 554 138,500,000.0
1,250,000.5 746 932,500,373.0
4,000,000.5 438 1,752,000,219.0
8,000,000.5 85 680,000,042.5
19,000,000.0 38 722,000,000.0
1861N= 4,225,000,592.5xf =
∑
4, 225, 000,592.5 $2,270,285.11
1861
xf
N
µ∑
== ≈