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See Step 6 in the Python script to answer the following questions: In general, how is a multiple linear regression model used to predict the
See Step in the Python script to answer the following questions:
In general, how is a multiple linear regression model used to predict the response variable using predictor variables?
What is the equation for your model?
What are the results of the overall Ftest? Summarize all important steps of this hypothesis test. This includes:
a Null Hypothesis statistical notation and its description in words
b Alternative Hypothesis statistical notation and its description in words
c Level of Significance
d Report the test statistic and the Pvalue in a formatted table as shown below:
Table : Hypothesis Test for Overall FTest
Statistic Value
Test Statistic XXX
Round off to decimal places.
Pvalue XXXXX
Round off to decimal places.
e Conclusion of the hypothesis test and its interpretation based on the Pvalue
Based on the results of the overall Ftest, is at least one of the predictors statistically significant in predicting the number of wins in the season?
What are the results of individual ttests for the parameters of each predictor variable? Is each of the predictor variables statistically significant based on its Pvalue? Use a level of significance.
Report and interpret the coefficient of determination.
What is the predicted total number of wins in a regular season for a team that is averaging points per game with a relative skill level of average point differential of and average relative skill differential of
What is the predicted total number of wins in a regular season for a team that is averaging points per game with a relative skill level of average point differential of OLS Regression Results
Dep. Variable: totalwins Rsquared:
Model: OLS Adj. Rsquared:
Method: Least Squares Fstatistic:
Date: Sun, Feb Prob Fstatistic: e
Time: :: LogLikelihood:
No Observations: AIC:
Df Residuals: BIC:
Df Model:
Covariance Type: nonrobust
coef std err t Pt
const
avgpts
avgelon
avgptsdifferential
avgelodifferential
Omnibus: DurbinWatson:
ProbOmnibus: JarqueBera JB:
Skew: ProbJB: e
Kurtosis: Cond. Noe
Warnings:
Standard Errors assume that the covariance matrix of the errors is correctly specified.
The condition number is large, e This might indicate that there are
strong multicollinearity or other numerical problems. and average relative skill differential of
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