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d. Player 16 eamed 8.0073 million dollars during the season. According to the model, what is his predicted salary if PC=65.7,TD=28. and Age =32 ?
d. Player 16 eamed 8.0073 million dollars during the season. According to the model, what is his predicted salary if PC=65.7,TD=28. and Age =32 ? Note: Do not round intermediate calculations. Round final answer to 2 decimal places. e-1. Compute the residual salary for Player 8 and Player 16 . Note: Negative values should be indicated by a minus sign. Round final answers to 2 decimal places. e-2. Interpret the residual salary for Player 8 and Player 16 . \begin{tabular}{rlrrrr} 1 & Player & Salary & PC & TD & Age \\ 2 & 1 & 25.5566 & 65.2 & 28 & 27 \\ 3 & 2 & 22.0441 & 60.5 & 27 & 26 \\ 4 & 3 & 20.5000 & 62.3 & 27 & 28 \\ 5 & 4 & 19.0047 & 66.1 & 26 & 38 \\ 6 & 5 & 17.0000 & 67.9 & 29 & 28 \\ 7 & 6 & 15.0052 & 55 & 16 & 27 \\ 8 & 7 & 14.0057 & 68.8 & 33 & 33 \\ 9 & 8 & 12.9895 & 70.6 & 34 & 30 \\ 10 & 9 & 12.5073 & 60.3 & 22 & 33 \\ 11 & 10 & 12.0000 & 68.4 & 33 & 40 \\ 12 & 11 & 11.2554 & 48.8 & 3 & 24 \\ 13 & 12 & 9.5000 & 60.5 & 21 & 29 \\ 14 & 13 & 8.6018 & 63.1 & 21 & 24 \\ 15 & 14 & 8.6000 & 64.7 & 30 & 26 \\ 16 & 15 & 8.5000 & 60.9 & 15 & 31 \\ 17 & 16 & 8.0073 & 65.7 & 28 & 32 \\ 18 & 17 & 7.9073 & 58.3 & 22 & 24 \\ 19 & 18 & 7.7516 & 66.6 & 26 & 27 \\ 20 & 19 & 6.5073 & 56.7 & 5 & 32 \\ 21 & 20 & 6.3250 & 55.5 & 8 & 34 \\ 22 & 21 & 6.2562 & 60 & 17 & 34 \\ 23 & 22 & 4.0073 & 60.5 & 18 & 25 \\ 24 & 23 & 3.1000 & 53.3 & 13 & 21 \\ 25 & 24 & 2.9956 & 55.9 & 9 & 27 \\ 26 & 25 & 2.8648 & 64.5 & 20 & 27 \\ 27 & 26 & 2.5450 & 53.8 & 12 & 23 \\ \hline 28 & 27 & 2.1673 & 58.7 & 10 & 26 \\ 29 & 28 & 2.0079 & 53.1 & 8 & 25 \\ 30 & 29 & 1.3800 & 54.5 & 10 & 21 \\ 31 & 30 & 1.0950 & 62.1 & 21 & 27 \\ 32 & 31 & 0.9503 & 60.8 & 12 & 24 \\ 33 & 32 & 0.6260 & 63.1 & 26 & 29 \\ 34 & & & & \\ 35 & & & & & \end{tabular} American football is the highest-paying sport on a per-game basis. Given that the quarterback is considered the most important player on the team, he is typically well compensated. A sports statistician examines the factors that influence a quarterback's salary. He believes that a quarterback's pass completion rate is the most important variable affecting salary. He also wonders how total touchdowns scored and a quarterback's age might impact salary. The accompanying data file shows information that he has collected on salary (Salary in \$ millions), pass completion rate (PC in \%), total touchdowns scored (TD), and age for 32 quarterbacks during a recent season. Click here for the Excel Data File a. Estimate: salary =B+B1PC+B2TD+B3Age+. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. Salary = TD+ Age b. Interpret the slope coefficient attached to TD. All else constant, a quarterback's salary is expected to increase by approximately $790,000 for each additional touchdown. A younger quarterback is expected to throw 79 touchdowns a season. An older quarterback is expected to throw 79 touchdowns a season. As a quarterback's salary increases by $1,000,000, he is expected to throw 79 touchdowns a season, all else constant. c. Player 8 earned 12.9895 million dollars during the season. According to the model, what is his predicted salary if PC=70.6,TD=34, and Age=30 ? Note: Do not round intermediate calculations. Round final answer to 2 decimal places
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