Suppose you have a data set that includes all of the professional athletes in a given sport
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Suppose you have a data set that includes all of the professional athletes in a given sport over a given period of time, such as all NFL football players during the 2008–2010 seasons, and you use regression to estimate a variable of interest. Are the inferences discussed in this chapter relevant? Recall that we have been assuming that the data represent a random sample of some larger population. In this sports example, what is the larger population—or is there one?
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The key question is whether a larger population makes sense It might in this ...View the full answer
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Business Analytics Data Analysis and Decision Making
ISBN: 978-1133629603
5th edition
Authors: S. Christian Albright, Wayne L. Winston
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