SOLVED: Paying for championships Does paying high salaries lead to more victories in professional sports? The New York Yankees have long been known for having Major League Baseball’s highest team payroll. And over the years, the team has won many championships. This strategy didn’t pay off in 2008, when the Philadelphia Phillies won the World Series. Maybe the Yankees didn’t spend enough money that year. The graph below shows histograms of the salary distributions for the two teams during the 20
SOLVED: Paying for championships Does paying high salaries lead to …
Jul 31, 2021
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