Question
Football owners are constantly in competition for good players. The more wins, the more likely that the team will provide good business returns for the
Football owners are constantly in competition for good players. The more wins, the more likely that the team will provide good business returns for the owners. The resources that each team has in the National Football League (NFL) vary, but the draft system is designed to counteract the advantages that wealthier teams may have. Is it working or does the size of the payroll matter? In other words, is there a relationship between total team salary and the performance of teams in the NFL? For the 2012-2013 season, data in terms of wins and total team salaries were collected from the 32 teams in the league.
Question 1: Based on the scatterplot in Exhibit 2, describe the relationship between salary and number of wins in terms of direction, linearity, and strength.
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