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Q1. According to Table 2:How much of the variation in a player's salary is explained by the Independent variables? A. 80% B. 29.4% C. 33.5%

Q1. According to Table 2:How much of the variation in a player's salary is explained by the Independent variables?

A. 80%

B. 29.4%

C. 33.5%

D. 2%

Q2. True or False:According to Table 2:BLK's have a statistically significant impact on a player's salary.

A. False

B. True

C. No answer text provided.

D. No answer text provided.

Q3. True or False:According to Table 2:STL's have a statistically significant impact on a player's salary.

A. False

B. True

C. No answer text provided.

D. No answer text provided.

Q4. According to Table 2:By how much would a player's salary increase/decrease if that player got 1 more REB?

A.$33.50

B. $2.52

C. $8,328

D. $276

Q5. According to Table 2:By how much would a player's salary increase/decrease if that player got 1 less TOV?

A. $42,429

B. $48,863

C. $8,328

D.$276

image text in transcribed
Table 2: Summary output. The dependent variable is PLAYER_SALARY. SUMMARY OUTPUT Regression Statistics Multiple R 0.578 R Square 0.335 Adjusted R Square 0.327 Standard Error 6832855 Observations 350 ANOVA of 55 MS F Significance F Regression 4 8.100468 +15 2.025116.15 43.37558238 1.770516-29 Residual 345 1.610738+16 4.668796.13 Total 349 2 42078E+16 Coefficients Standard Error Stat Lower 95% Upper 95% Lower 95.0% Upper 95.0% Intercept -538325 776448.8557 0.69 0.488577117 -2065494.43 988844.0324 -2065494.43 988844.0324 BLK 276 17083.94265 0.02 0.987128905 -33325-98838 33877.59206 -33325.98838 33877.59206 STL 48963 16618.55737 2.94 0.003500561 16176 50519 81549.38661 16176.50519 81549.38661 REB 8328 3311.059691 2.52 0.012346411 1815.954829 14840.76244 1815.954829 14840.76244 TOV 42429 9213.769614 4.60 5.81113E-06 24306 38597 60550.84781 24306.38597 60550.84781 According to Table 2: How much of the variation in a player's salary is explained by the Independent variables

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