R Notebook

# Home-runs so far
HR_before <- c(11, 13, 12)
# Average Number of Home-runs per season wanted
wanted_HR <- 20
# Number of seasons
n_seasons <- 4
# Needed Home-runs on season 4
x_4 <- n_seasons*wanted_HR - sum(HR_before)
# Minimum number of Home-runs needed by Robert
x_4

[1] 44

According to the calculations above, Robert must hit 44 home-runs or better on this season to get an average number of home-runs per season of at least 20.

# Robert's performance
Robert_HRs <- c(11, 13, 12,44)
# Find mean
mean(Robert_HRs)

[1] 20

#Robert's actual performance 
Robert_HRs <- c(11, 13, 12,38)
mean(Robert_HRs)

[1] 18.5

sd(Robert_HRs)

[1] 13.02562

# Find the maximum number of home-runs during the four seasons period
max(Robert_HRs)

[1] 38

# Find the minimum number of home-runs during the four seasons period
min(Robert_HRs)

[1] 11

summary(Robert_HRs)

   Min. 1st Qu.  Median    Mean 3rd Qu.    Max. 
  11.00   11.75   12.50   18.50   19.25   38.00 

n_1 <- 10
n_2 <- 4
y_1 <- 72000
y_2 <- 84000
# Mean salary overall
salary_ave <-  (n_1*y_1 + n_2*y_2)/(n_1+n_2)
salary_ave

[1] 75428.57

getwd()

[1] "/cloud/project"

contract_length <- read.table("allcontracts.csv", header = TRUE, sep = ",")
contract_years <- contract_length$years

contracts_mean  <- mean(contract_years)
contracts_mean

[1] 3.458918

# Median
contracts_median <- median(contract_years)
contracts_median

[1] 3

# Find number of observations
contracts_n <- length(contract_years)
# Find standard deviation
contracts_sd <- sd(contract_years)

contracts_w1sd <- sum((contract_years - contracts_mean)/contracts_sd < 1)/ contracts_n
# Percentage of observation within one standard deviation of the mean
contracts_w1sd

[1] 0.8416834

## Difference from empirical 
contracts_w1sd - 0.68

[1] 0.1616834

## Within 2 sd
contracts_w2sd <- sum((contract_years - contracts_mean)/ contracts_sd < 2)/contracts_n
contracts_w2sd

[1] 1

## Difference from empirical 
contracts_w2sd - 0.95

[1] 0.05

## Within 3 sd 
contracts_w3sd <- sum((contract_years - contracts_mean)/ contracts_sd < 3)/contracts_n
contracts_w3sd

[1] 1

## Difference from empirical 
contracts_w3sd - 0.9973

[1] 0.0027

# Create histogram
hist(contract_years,xlab = "Years Left in Contract",col = "green",border = "red", xlim = c(0,8), ylim = c(0,225),
   breaks = 3)