Refer again to the regression analysis for average attendance and games won by American League baseball teams,
Question:
Dependent variable is Home Attendance
R-squared = 6.45%
VariableCoefficient
Intercept €¦€¦€¦...16484.0
Wins €¦€¦€¦......... 147.4
a) Write the equation of the regression line.
b) Estimate the Average Attendance for a team with 50 Wins?
c) Interpret the meaning of the slope of the regression line in this context.
d) In general, what would a negative residual mean in this context?
e) The St. Louis Cardinals, the 2013 NL Champions, are not included in these data because they are a National League team. During the 2013 regular season, the Cardinals won 97 games and averaged 41,602 fans at their home games. Calculate the residual for this team, and explain what it means.
Step by Step Answer:
Stats Data And Models
ISBN: 662
4th Edition
Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock