The following table gives the 2015 total payroll (in millions of dollars) and the percentage of games
Question:
The following table gives the 2015 total payroll (in millions of dollars) and the percentage of games won during the 2015 season by each of the National League baseball teams.
a. Find the least squares regression line with total payroll as the independent variable and percentage of games won as the dependent variable.
b. Is the equation of the regression line obtained in part a the population regression line? Why or why not? Do the values of the y-intercept and the slope of the regression line give A and B or a and b?
c. Give a brief interpretation of the values of the y-intercept and the slope obtained in part a.
d. Predict the percentage of games won by a team with a total payroll of $150 million.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: