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Q.2. In sports betting markets, one bet typically offered is the Over/Under wager. Bookmakers set the Over/Under line prior to the game and the total

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Q.2. In sports betting markets, one bet typically offered is the Over/Under wager. Bookmakers set the Over/Under line prior to the game and the total points for the two teams in the game is compared with the line. For a random sample of n = 30 Women's National Basketball Association games during the 2010-2019 seasons, we observe: X = Over/Under betting line (in 100s of points) Y = Total points scored in the games (in 100s of points) Model: Y= Bo + BIX,+= =~ N(0, 0 ) ANOVA SS Regression 0.3711 Residual 0.7573 Total 29 1.1284 Coefficientsandard Err Intercept -0.2028 0.4726 X 1.1084 0.2992 p.2.a. Test Ho: B1 = 0 (Total points scored is not associated with Over/Under line) based on the t-test. Test Statistic: Rejection Region: Reject Ho? Yes / No p.2.b. Test Ho: B1 = 0 (Total points scored is not associated with Over/Under line) based on the F-test. 180.0 nes.o est Statistic: Rejection Region: P-value? > 0.05 /

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