Question
The following is a chart of 25 baseball players' salaries and statistics from 2019. Player Name RBI's HR's AVG Salary (in millions) Freddie Freeman 121
The following is a chart of 25 baseball players' salaries and statistics from 2019.
Player Name | RBI's | HR's | AVG | Salary (in millions) |
---|---|---|---|---|
Freddie Freeman | 121 | 38 | 0.295 | 21.409 |
Tucker Barnhart | 40 | 11 | 0.231 | 2.938 |
Gordon Beckham | 15 | 6 | 0.215 | 0.700 |
Eugenio Suarez | 103 | 49 | 0.271 | 7.286 |
Daniel Descalso | 15 | 2 | 0.173 | 1.500 |
Scott Kingery | 55 | 19 | 0.258 | 1.500 |
Cameron Maybin | 32 | 11 | 0.285 | 0.555 |
Charlie Blackmon | 86 | 32 | 0.314 | 21.333 |
Yadier Molina | 57 | 10 | 0.270 | 20.000 |
Brandon Lowe | 51 | 17 | 0.270 | 1.000 |
Eric Hosmer | 99 | 22 | 0.265 | 21.000 |
Jay Bruce | 59 | 26 | 0.216 | 14.000 |
Paul Goldschmidt | 97 | 34 | 0.260 | 15.500 |
Robinson Cano | 39 | 13 | 0.256 | 24.000 |
Rougned Odor | 93 | 30 | 0.205 | 7.833 |
Roberto Perez | 63 | 24 | 0.239 | 2.625 |
Starling Marte | 82 | 23 | 0.295 | 10.333 |
Carlos Santana | 93 | 34 | 0.281 | 20.333 |
Max Kepler | 90 | 36 | 0.252 | 6.000 |
Khris Davis | 73 | 23 | 0.221 | 16.500 |
Miguel Cabrera | 59 | 12 | 0.283 | 30.000 |
Ian Desmond | 65 | 20 | 0.255 | 15.000 |
Adam Eaton | 49 | 15 | 0.279 | 8.400 |
Marwin Gonzalez | 55 | 15 | 0.264 | 12.000 |
Lorenzo Cain | 48 | 11 | 0.260 | 15.025 |
In order to have correlation with 95% confidence (5% significance), what is the critical r-value that we would like to have?
(Round to three decimal places for all answers on this assignment.)
RBI vs. Salary
Complete a correlation analysis, using RBI's as the x-value and salary as the y-value.
Correlation coefficient:
Regression Equation:y=
Do you have significant correlation? Yes No
HRvs. Salary
Complete a correlation analysis, using HR'sas the x-value and salary as the y-value.
Correlation coefficient:
Regression Equation:y=
Do you have significant correlation? Yes No
AVGvs. Salary
Complete a correlation analysis, using AVGas the x-value and salary as the y-value.
Correlation coefficient:
Regression Equation:y=
Do you have significant correlation? Yes No
Prediction
Based on your analysis, if you had to predict a player's salary, which method would be the best? Select an answer:
Regression equation with RBI's
Regression equation with HR's
Regression equation with AVG T
he average of the 25 salaries
Using that method, predict the salary for Xander Bogaerts. His stats were:
RBI: 117
HR: 33
AVG: 0.309
Based on your analysis, his predicted salary would be: $ million
His actual salary was $12.000 million.
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