Refer to the Baseball 2021 data, which includes information on the 2021 Major League Baseball season. The
Question:
Refer to the Baseball 2021 data, which includes information on the 2021 Major League Baseball season. The data include the mean player salary since 2010. Plot the information and develop a linear trend equation. Write a brief report on your findings.
Team | League | Year Opened | Team Salary | Attendance | Wins | ERA | BA | HR | Net worth ($billion) |
Arizona Diamondbacks | National | 1998 | 89.08 | 1,043,010 | 52 | 5.11 | 0.236 | 144 | $1.320 |
Atlanta Braves | National | 2017 | 134.46 | 2,300,247 | 88 | 3.88 | 0.244 | 239 | $1.875 |
Baltimore Orioles | American | 1992 | 45.70 | 793,229 | 52 | 5.84 | 0.239 | 195 | $1.430 |
Boston Red Sox | American | 1912 | 180.26 | 1,725,323 | 92 | 4.26 | 0.261 | 219 | $3.465 |
Chicago Cubs | National | 1914 | 149.67 | 1,978,934 | 71 | 4.87 | 0.237 | 210 | $3.360 |
Chicago White Sox | American | 1991 | 125.99 | 1,596,385 | 93 | 3.73 | 0.256 | 190 | $1.685 |
Cincinnati Reds | National | 2003 | 118.75 | 1,505,024 | 83 | 4.40 | 0.249 | 222 | $1.085 |
Cleveland Indians | American | 1994 | 46.83 | 1,114,368 | 80 | 4.34 | 0.238 | 203 | $1.160 |
Colorado Rockies | National | 1995 | 103.99 | 1,938,645 | 74 | 4.82 | 0.249 | 182 | $1.300 |
Detroit Tigers | American | 2000 | 80.40 | 1,102,623 | 77 | 4.32 | 0.242 | 179 | $1.260 |
Houston Astros | American | 2000 | 171.02 | 2,068,509 | 95 | 3.76 | 0.267 | 221 | $1.870 |
Kansas City Royals | American | 1973 | 87.78 | 1,159,613 | 74 | 4.65 | 0.249 | 163 | $1.060 |
Los Angeles Angels | American | 1966 | 177.35 | 1,512,033 | 77 | 4.69 | 0.245 | 190 | $2.025 |
Los Angeles Dodgers | National | 1962 | 235.41 | 2,804,693 | 106 | 3.01 | 0.244 | 237 | $3.570 |
Miami Marlins | National | 2012 | 49.43 | 642,617 | 67 | 3.96 | 0.233 | 158 | $0.990 |
Milwaukee Brewers | National | 2001 | 87.57 | 1,824,282 | 95 | 3.50 | 0.233 | 194 | $1.220 |
Minnesota Twins | American | 2010 | 121.00 | 1,310,199 | 73 | 4.83 | 0.241 | 228 | $1.325 |
New York Mets | National | 2009 | 167.42 | 1,484,665 | 77 | 3.90 | 0.238 | 176 | $2.450 |
New York Yankees | American | 2009 | 191.21 | 1,959,854 | 92 | 3.74 | 0.237 | 222 | $5.250 |
Oakland Athletics | American | 1966 | 74.62 | 701,430 | 86 | 4.02 | 0.238 | 199 | $1.125 |
Philadelphia Phillies | National | 2004 | 174.01 | 1,515,890 | 82 | 4.39 | 0.24 | 198 | $2.050 |
Pittsburgh Pirates | National | 2001 | 35.91 | 859,498 | 61 | 5.08 | 0.236 | 124 | $1.285 |
San Diego Padres | National | 2004 | 171.69 | 2,191,950 | 79 | 4.10 | 0.242 | 180 | $1.500 |
San Francisco Giants | American | 2000 | 127.89 | 1,679,484 | 107 | 3.24 | 0.249 | 241 | $3.175 |
Seattle Mariners | National | 1999 | 64.55 | 1,215,985 | 90 | 4.30 | 0.226 | 199 | $1.630 |
St. Louis Cardinals | National | 2006 | 135.05 | 2,102,530 | 90 | 3.98 | 0.244 | 198 | $2.245 |
Tampa Bay Rays | American | 1990 | 60.39 | 761,072 | 100 | 3.67 | 0.242 | 222 | $1.055 |
Texas Rangers | American | 1994 | 84.87 | 2,110,258 | 60 | 4.79 | 0.232 | 167 | $1.785 |
Toronto Blue Jays | American | 1989 | 137.13 | 809,557 | 91 | 3.91 | 0.266 | 262 | $1.675 |
Washington Nationals | National | 2008 | 161.91 | 1,465,543 | 65 | 4.80 | 0.258 | 182 | $1.925 |
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Related Book For
Statistical Techniques In Business And Economics
ISBN: 9781265779696
19th Edition
Authors: Douglas Lind, William Marchal, Samuel Wathen
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