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In the United States, baseball has always been a favorite pastime and is rife with statistics and theories. Researchers have shown that major league players

In the United States, baseball has always been a favorite pastime and is rife with statistics and theories. Researchers have shown that major league players who have nicknames live longer than those without them. The following table shows a portion of data on the lifespan (Years) of a player and a Nickname variable (Yes if the player had a nickname, No otherwise).

Years Nickname
71 No
76 No
53 Yes

Click here for the Excel Data File a.Create two subsets, one consisting of players with a nickname and the other one without a nickname. Calculate the average longevity for each subset.(Round your answers to 2 decimal places.)

b-1.Estimate a linear regression model of year on a dummy variablesdwith value 1 if the player had a nickname, 0 otherwise.Hint: You have to first convert the Nickname categorical variable (Yes/No) into a dummy variable (1/0).(Round coefficient estimates to 4 decimal places) b-2.Compute the predicted longevity of players with and without a nickname.(Round coefficient estimates to at least 4 decimal places and final answers to 2 decimal places.)

Years Nickname
71 No
76 No
76 Yes
52 No
55 Yes
56 No
79 Yes
60 Yes
63 Yes
77 No
66 No
58 No
59 Yes
63 Yes
66 Yes
63 No
58 No
55 No
53 Yes
79 Yes
60 No
71 No
77 Yes
65 Yes
62 Yes
51 Yes
76 No
63 No
79 No
53 Yes

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