Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2009, the New York Yankees won 103 baseball games during the regular season. The table below lists the number of victories (W), the earned

  1. In 2009, the New York Yankees won 103 baseball games during the regular season. The table below lists the number of victories (W), the earned run-average (ERA), and the batting average (BA) of each team in the American League. The ERA is one measure of the effectiveness of the pitching staff, and a lower number is better. The batting average is one measure of effectiveness of the hitters, and a higher number is better.
Team W ERA BA
Yankees 103 4.26 0.283
Angels 97 4.45 0.285
Red Sox 95 4.35 0.270
Twins 87 4.5 0.274
Rangers 87 4.38 0.260
Tiger 86 4.29 0.260
Marines 85 3.87 0.258
Rays 84 4.33 0.263
White Sox 79 4.14 0.258
Blue jay 75 4.47 0.266
Athletics 75 4.26 0.262
Indians 65 5.06 0.264
Royal 65 4.83 0.259
Orioles 64 5.15 0.268

  1. Develop a regression model that could be used to predict the number of victories based on the ERA.
  2. Develop a regression model that could be used to predict the number of victories based on the BA.
  3. Calculate the values of r for both models and interpret the value of r in the context of this problem
  4. Which of the two models is better for predicting the number of victories?
  5. Should both variables be included in the model? Why or why not?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1-12

Authors: David D Busch, Tracie Nobles

11th Edition

1133710190, 978-1133710196

More Books

Students also viewed these Economics questions

Question

=+c) Compute the CV and RRR for each decision.

Answered: 1 week ago