Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE ANSWER ALL After reading these instructions delete all te Use the XLMiner Analysis ToolPak to condu After deleting all text in this shaded area,

PLEASE ANSWER ALL

image text in transcribedimage text in transcribedimage text in transcribed

After reading these instructions delete all te Use the XLMiner Analysis ToolPak to condu After deleting all text in this shaded area, se Your Linear Regression analysis output sho Major League Baseball (MLB) consists of teams that play in the American League and the National League. MLB collects a wide variety of team and player statistics. Some of the statistics often used to evaluate pitching performance are as follows: - ERA: The average number of earned runs given up by the pitcher per nine innings. An earned run is any run that the opponent scores off a particular pitcher except for runs scored as a result of errors. - SO/IP: The average number of strikeouts per inning pitched. - HR/IP: The average number of home runs per inning pitched. - R/IP: The number of runs given up per inning pitched. The data in the Excel Online file below show values for these statistics for a random sample of 20 pitchers from the American League for a season. Construct a spreadsheet to answer the following questions. Due to a recent change by Microsoft you will need to open the XLMiner Analysis ToolPak add-in manually from the home ribbon. Screenshot of ToolPak Complete the equation below for an estimated regression equation developed to predict the average number of runs given up per inning pitched (R/IP) given the average number of strikeouts per inning pitched (SO/IP) and the average number of home runs per inning pitched (HR/IP) (to 3 decimals). R/IP=$SO/IP+HR/IP a. Use the F test to determine the overall significance of the relationship. Compute F test statistic (to 2 decimals). The p-value is (to 3 decimals). What is your conclusion at the .05 level of significance? There a significant overall relationship. b. Use the t test to determine the significance of each independent variable. Compute the t test statistic for the significance of SO/IP (to 2 decimals). The p-value is (to 3 decimals). What is your conclusion at the .05 level of significance? SO/IP significant. Compute the t test statistic for the significance of HR/IP (to 2 decimals). The p-value is (to 3 decimals). What is your conclusion at the .05 level of significance? HR/IP significant

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

Step: 3

blur-text-image

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

Accounting Systems

Authors: Ronald W. Hilton, David E. Platt

10th Edition

1308172486, 978-1308172484

More Books

Students also viewed these Accounting questions