30 3. It has been forwarded that 'Payroll Wins Games'. Please find the following data from MLB on 2019 Team Payroll and 2019 Team Wins. (a) Provide a graph of Team payroll and Team wins and the Simple Linear Equation Line that describes this data? (b) What is the Simple Linear Regression Equation (bo + b₁X₁ + ε) and Coefficient of Determination, and Coeffient of Correlation for this relationship? (c) Is there a strong causal relationship between payroll and wins, please explain in 100 to 150 words? MLB Data - 30 Teams: Team BR SL WN HA LA NM SM PH TR CN ($ Mil) Payroll 187.2 194.1 118.8 99.8 157.3 125.4 154.2 147.6 132.2 91.6 116.4 125.2 113.2 104.3 106.4 ៖ វ388នវឌគ្នននននន Wins 84 84 103 106 77 91 93 107 72 86 68 71 81 78 75 Team នីថឌនឬទ៩ទិននន ($ Mil) Payroll 108.4 96.8 101.1 88.7 98.0 89.6 54.6 67.9 63.0 84.3 83.8 54.6 61.1 69.6 49.1 Wins 89 85 101 93 47 97 67 59 70 97 72 69 54 57 96

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30
3. It has been forwarded that 'Payroll Wins Games'.
Please find the following data from MLB on 2019 Team Payroll and 2019
Team Wins.
(a) Provide a graph of Team payroll and Team wins and the Simple Linear
Equation Line that describes this data?
(b) What is the Simple Linear Regression Equation (bo+ b₁X1 + E) and
Coefficient of Determination, and Coeffient of Correlation for this relationship?
(c) Is there a strong causal relationship between payroll and wins, please
explain in 100 to 150 words?
MLB Data - 30 Teams:
Team
BR
R C W D EF S W LE A D DO IN ANDS
CC
SF
SL
WN
HA
LA
NM
SM
TR
CN
($ Mil)
Payroll
187.2
194.1
118.8
99.8
157.3
125.4
154.2
147.6
132.2
91.6
116.4
125.2
113.2
104.3
106.4
៖ វឌ្ឍខ្លួនតទននន នន
Wins
84
84
103
106
77
91
93
107
72
86
68
71
81
Team
MB
AZ
MN
CL
DT
AB
TO
KC
SD
OA
CW
PP
BO
MM
TB
($ Mil)
Payroll
108.4
96.8
101.1
88.7
98.0
89.6
54.6
67.9
63.0
84.3
83.8
54.6
61.1
69.6
49.1
Wins
89
85
101
93
47
97
67
59
70
97
72
69
54
57
96
Transcribed Image Text:30 3. It has been forwarded that 'Payroll Wins Games'. Please find the following data from MLB on 2019 Team Payroll and 2019 Team Wins. (a) Provide a graph of Team payroll and Team wins and the Simple Linear Equation Line that describes this data? (b) What is the Simple Linear Regression Equation (bo+ b₁X1 + E) and Coefficient of Determination, and Coeffient of Correlation for this relationship? (c) Is there a strong causal relationship between payroll and wins, please explain in 100 to 150 words? MLB Data - 30 Teams: Team BR R C W D EF S W LE A D DO IN ANDS CC SF SL WN HA LA NM SM TR CN ($ Mil) Payroll 187.2 194.1 118.8 99.8 157.3 125.4 154.2 147.6 132.2 91.6 116.4 125.2 113.2 104.3 106.4 ៖ វឌ្ឍខ្លួនតទននន នន Wins 84 84 103 106 77 91 93 107 72 86 68 71 81 Team MB AZ MN CL DT AB TO KC SD OA CW PP BO MM TB ($ Mil) Payroll 108.4 96.8 101.1 88.7 98.0 89.6 54.6 67.9 63.0 84.3 83.8 54.6 61.1 69.6 49.1 Wins 89 85 101 93 47 97 67 59 70 97 72 69 54 57 96
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