3. A Ross MAP team is trying to estimate the revenues of major-league baseball teams during theregular season using a regression model. Currently, the independent variables include stadiumcapacity, the number of weekend games, the number of night games, and the number of Wins (outof 162 regular season games). One of your team members suggests that the model also shouldinclude the number of losses as it provides additional explanatory power. Assume that ties arenot possible; so every game results in exactly one team winning and the other team losing. Whichof the following statements is the most likely conclusion of the new regression model?(a) R2 will increase, adjusted R2 will decrease, and Serror will decrease.(b) R2 and adjusted R2 will increase, and serror will decrease.(c) R, adjusted R2, and Serror will increase.(d) We cannot trust the regression output as some variables are highly correlated, resulting inmulticollinearity.Answer to Question 3:

Here, already we are having the feature for number winning of games, no need to add number of loosed…

Answered: 3. A Ross MAP team is trying to…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The condition of an independent variable being correlated to one or more other independent variables is referred to as nonlinearity. statistical significance. multicollinearity. linearity.
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If the data points do not lie in a straight line, there is no relationship between the variables True False
A researcher predicts that gender (male and female) and race (race 1, race 2 and race 3) are factors which determine the willingness of a person to get involved in politics. He plan to use a multiple regression test to analyse his data. Is the multiple regression test appropriate for the study? Elaborate on your answer.
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