Fan Cost Index SAS#9 Notes

Slides:



Advertisements
Similar presentations
7.2 Polynomial Functions and Their Graphs
Advertisements

Basic Spreadsheet Functions Objective Functions are predefined formulas that perform calculations by using specific values, called arguments, in.
PROFESSIONAL SPORTS Mrs. Wilson Larry A. Ryle High School Sports Marketing.
Pricing HSS 3000/5263 Sport Marketing Dr. Brian Turner.
Chapter 6.  Just remember Karl “Carl” Pearson  Let’s run some correlations!  Analyze  Correlate ▪ Bivariate.
17-1 Chapter 17 Pricing Decisions in Sports Marketing Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
f has a saddle point at (1,1) 2.f has a local minimum at.
ADVERTISE THIS! Our Product Name: Price: Where to buy it: How to use it and good points:
THE ECONOMIC EFFECT OF RECESSIONS ON MAJOR LEAGUE SPORTS IN THE UNITED STATES Jessie Welton, University of Wisconsin- La Crosse WEA Conference, November.
Percent of Change We can find percents of increase and decrease and solve problems involving percents of change.
USING PERCENTS AND CALCULATING PERCENT CHANGE Objectives: SWBAT do calculations using percents. SWBAT find percents of increase and decrease. SWBAT use.
MKTG 4320 Sport Marketing STP, Research, Pricing.
Mathematical Indices Chapter 3.6 – Tools for Analyzing Data Mathematics of Data Management (Nelson) MDM 4U.
Warm up In a class where  State the interval containing the following % of marks:  a) 68%  b) 95%  c) 99.7% Answers:  a) 66 – 82  b) 58 – 90  c)
Pricing HSS 5263 Sport Marketing Brian Turner. What is Price? “… statement of value for a sports product” Value is the central tenet of pricing Price.
Lesson 3.7- Percent of Change, pg. 160
Algebra 1 Section Objectives I can find percent of increase or decrease in story problems.
0-12 Mean, Median, Mode, Range and Quartiles Objective: Calculate the measures of central tendency of a set of data.
Optimal Value and Step Pattern
Economic Order Quantity
Least Common Multiple Objective: To find the least common multiple
A Trip to the Movies. You’re going to the movies… How much money will you need? Create a list based on the prices to the right. You must buy at least.
4/17/2013 Review of Unit Rate.
Warm up In a class where  State the interval containing the following % of marks:  a) 68%  b) 95%  c) 99.7% Answers:  a) 66 – 82  b) 58 – 90  c)
Lesson 2-7 Percent of Change.
Linear Programming 1.3 M Warm-Up Graph the system.
 What is a mathematical/statistical index?  An arbitrary formula that produces a value that can be used to compare or rate things e.g. Body Mass Index,
Tennessee Terror CMT Stadium Nashville, Tennessee.
Sales and Sponsorships Kelly Bonau Angela Horton.
6, 5, 3, 6, 8 01/10/11 Mean, Median, Mode Warm Up
 ETFs & Morningstar Fall
Please read the following and answer the question on your note sheet : The theater is having a special deal. If you buy 5 tickets at once, the cost is.
Warmup Define. 1.mean 2.median 3.mode 4.range 5.maximum 6.minimum.
Athletes and salary caps Alec Clausing Prd. 7. Individual salary caps are unfair to players versus owners. Players provide the entertainment Limiting.
 Austin is the Capital  Houston and Dallas are major cities  Going to watch a football or baseball game  The best college is in Austin, Texas  It’s.
HOUSTON SKYLINE Houston–The Woodlands–Sugar Land is a nine-county metropolitan area defined by the Office of Management and Budget. It is located along.
Sports Marketing Sports spectators often have more in common than just the sports –Competition –Tastes –Spirit/Fanaticism The goal of sports marketing–
A.P. STATISTICS – UNIT 1 VOCABULARY (1) Types of Univariate Graphs -- * Histogram * Frequency Distribution * Dot Plot * Stem-and-Leaf Plot (“Stemplot”)
Spring Break Ken Palmer. Dallas, TX Dallas boasts a wide variety of tourist attractions throughout the city. The Dallas Zoo is the oldest zoo in Texas,
Warm-Up: Solve each equation. Essential Question  How do I use the quadratic formula?
Vertex and Axis of Symmetry. Graphing Parabolas When graphing a line, we need 2 things: the y- intercept and the slope When graphing a parabola, we need.
Precalculus Section 2.4 Use polynomials to find maximum and minimum values Example 1 page 69 Area = length x width A(x) = (60 – 2x)(x) A(x) = 60x - 2x².
Comic Strip Math Stories. Picture – show question Picture – show data known Picture – show how to figure Picture – show solution A box contains 14 candy.
Graphing quadratic functions part 2. X Y I y = 3x² - 6x + 2 You have to find the vertex before you can graph this function Use the formula -b 2a a = 3.
Fantasy Football Team Financials Team: Name:. Summary ItemExpensesRevenue Player Salary Tickets Sponsors Concessions Parking Merchandise Total Revenue:
By: David Homanko. Introduction Games are too expensive Competition Suffers Players switch teams regularly What a salary cap could do. Conclusion.
Dot Plots Lesson 4.3 Core Focus on Ratios, Rates & Statistics.
Get those math monkeys off your back. The expression 96t – 16t 2 represents the height, in feet, of a ball t seconds after it is thrown into the air.
3.4 Linear Programming p Optimization - Finding the minimum or maximum value of some quantity. Linear programming is a form of optimization where.
Professional Athlete Salaries Presented by: Nick Bongiovanni.
Reworking NFL Stadium Status Kyle McBrierty, Robbi Melvin, Kellie Walsh American Studies, Colby College, Waterville, ME The Problem A football arena is,
Unit 1 Exploring Data: Distributions Topic 2 Data, Variables, and Calculators (page 19)
8 people fit into a 4x4 foot area
2-5 Absolute Value Functions and Graphs
Mean, Median, and Mode.
Quarterback Ratings SAS#8 Notes
Standard Algorithms Input validation Finding the minimum
Fan Cost Index The fan cost index (FCI) is a sports statistic that has been around for several years now. Very few sports fans will be able to tell you.
Seat Pricing and Revenue
Unit Rates October 4, 2012.
Mean, Median, and Mode.
7.2 Graphing Polynomial Functions
Objectives Find the zeros of a quadratic function from its graph.
Operations With Functions.
Day 52 – Box-and-Whisker.
Inequality Word Problems
X y y = x2 - 3x Solutions of y = x2 - 3x y x –1 5 –2 –3 6 y = x2-3x.
Review for 2nd Six Weeks Exam - Day 3
Exercise Use ellipses and set notation to list the set of all integers. {… , – 3, – 2, – 1, 0, 1, 2, 3, …}
8 people fit into a 4x4 foot area
Presentation transcript:

Fan Cost Index SAS#9 Notes Page

What is a Fan Cost Index (FCI)? Page

Vocabulary Index: Average Ticket Price(T): Soft Drink(S): Other Drink (D): Hot Dog (H): Parking (Park): Program(Prog): Cap: PCI : Page

Formula Page

Astros’ 2006 FCI Page

Rockets’ 2006 FCI Page

Texans’ 2006 FCI Page

Page

Page

There are seven components in the FCI There are seven components in the FCI. Find the largest percent increase in a single component from 2006 to 2007 by giving the team, component, and percent increase. Page

What are the minimum and maximum value for each component of the rating? Team Cost of Small Drink Size Price Per Ounce Rangers 2006 $ 2.75   Ranger 2007 $ 3.00 Mavericks 2006 Mavericks 2007 Cowboys 2006&2007 $ 3.50 Most expensive: Least expensive: Page

Why do you think the FCI is highest for the NFL and Lowest for MLB? Create a personal cost index (PCI) in which you select only the items and the number of those items that you and three friends would buy (for example, 4 tickets, 8 hot dogs, no soft drinks, no caps). In 2007, which team is the best buy according to your PCI? Why? Why do you think the FCI is highest for the NFL and Lowest for MLB? Page