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Matt Kenseth won the 2 0 1 2 Daytona 5 0 0 , the most important race of the NASCAR season. His win was no
Matt Kenseth won the Daytona the most important race of the NASCAR season. His win was no surprise because for the season he finished fourth in the point standings with points, behind Tony Stewart points Carl Edwards points and Kevin Harvick points In he earned $ by winning three Poles fastest driver in qualifying winning three races, finishing in the top five times, and finishing in the top ten times. NASCAR's point system in allocated points to the driver who finished first, points to the driver who finished second, and so on down to point for the driver who finished in the rd position. In addition any driver who led a lap received bonus point, the driver who led the most laps received an additional bonus point, and the race winner was awarded bonus points. But, the maximum number of points a driver could earn in any race was The following table shows data for the season for the top drivers NASCAR website
Tony Stewart
Carl Edwards
Kevin Harvick
Matt Kenseth
Brad Keselowski
Jimmie Johnson
Dale Earnhardt Jr
Jeff Gordon
Denny Hamlin
Ryan Newman
Kurt Busch
Kyle Busch
Clint Bowyer
Kasey Kahne
AJ Allmendinger
Greg Biffle
Paul Menard
Martin Truex Jr
Marcos Ambrose
Jeff Burton
Juan Montoya
Mark Martin
David Ragan
Joey Logano
Brian Vickers
Regan Smith
Jamie McMurray
David Reutimann
Bobby Labonte
David Gilliland
Casey Mears
Dave Blaney
Andy Lally
Robby Gordon
JJ Yeley Suppose you wanted to predict Winnings $ using only the number of poles won Poles the numberof wins Wins the number of top five finishes Top or the number of top ten finishes Top Which of these four variables provides the best single predictor of winnings? Develop an estimated regression equation that can be used to predict Winnings $ given the numberof poles won Poles the number of wins Wins the number of top five finishes Top and thenumber of top ten finishes Top Test for individual significance and discuss your findings andconclusions. Create two new independent variables: Top and Top Top represents the number oftimes the driver finished between second and fifth place and Top represents the number of timesthe driver finished between sixth and tenth place. Develop an estimated regression equation that canbe used to predict Winnings $ using Poles, Wins, Top and Top Test for individualsignificance and discuss your findings and conclusions. Based upon the results of your analysis, what estimated regression equation would you recommendusing to predict Winnings $ Provide an interpretation of the estimated regression coefficients forthis equation.
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