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It has been forwarded that 'Payroll Wins Games'. Please find the following data from MLB on 2021 Team Payroll (26 man) and 2021 Team Wins:

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It has been forwarded that 'Payroll Wins Games'. Please find the following data from MLB on 2021 Team Payroll (26 man) and 2021 Team Wins: Provide a graph of Team payroll and Team wins and the Simple Linear Equation Line that describes this data? What is the Simple Linear Regression Equation (bo + biX1 + E) and Coefficient of Determination (r2) for this relationship? Is there a strong linear correlation between payroll and wins, please explain in 100 to 150 words? MLB Data: ($ Mil) ($ Mil) Team Payroll Wins Team Payroll Wins LA Dodgers 174.7 106 Cincinnati Reds 84.6 83 New York Yankees 141.5 92 Minnesota Twins 83.6 73 New York Mets 154.6 77 Colorado Rockies 79.9 75 Houston Astros 147.1 95 Milaukee Brewers 79.9 95 Boston Red Sox 142.4 92 Texas Rangers 24.8 60 Philadelphia Phillies 45.9 82 Oakland Athletics 51.7 86 Los Angeles Angels 30.5 77 Arizona D-backs 52.8 52 San Diego Padres 126.0 79 Kansas City Royals 52.5 74 St. Louis Cardinals 136.0 90 Detroit Tigers 61.4 77 San Francisco Giants 134.4 107 Seattle Mariners 57.0 90 Toronto Blue Jays 108.4 91 Tampa Bay Rays 44.3 100 Atlanta Braves 107.0 89 Miami Marlins 16.3 67 Chicago Cubs 33.9 71 Pittsburgh Pirates 16.6 61 Washington Nationals 50.1 65 Baltimore Orioles 13.8 52 Chicago White Sox 125.8 93 Cleveland Indians 35.7 80

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