Answer the following. Carry your intermediate computations to at least four decimal places, and round your aASWe list of formulas.) (a) What is the value of the slope of the least-squares regression line for these data? Round your answer to at least two decimal places. (b) What is the value of the y-intercept of the least-squares regression line for these data? answer to at least two decimal places.

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For major league baseball teams, is there a relationship between player payrolls and gate money? Here are data for each of the National League teams for the
year 2000. The variable x denotes the 2000 player payroll (in millions of dollars), and the variable y denotes the mean attendance (in thousands of fans) for the
81 home games that year. The data are plotted in the Figure 1 scatter plot.
Mean
Player payroll, x
(in $1,000,000s) attendance, y
(in thousands)
Arizona
87.0
34.81
Atlanta
94.5
39.88
Chicago Cubs
65.3
34.44
Cincinnati
Colorado
Florida
52.6
31.85
64.8
40.74
30.9
15.06
Houston
58.3
37.78
Los Angeles
Milwaukee
Montreal
New York Mets
Philadelphia
Pittsburgh
San Diego
105.0
37.16
41.5
19.38
39.5
11.48
99.8
34.81
53.9
19.88
40
36.3
21.60
29.88
Player payroll (In $1,000,000s)
64.1
San Francisco
59.6
40.99
Figure 1
80.7
41.23
St Louis
Send data to Excel
Send data to calculator
Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below. (If necessary, consult a
list of formulas.)
The value of the sample correlation coefficient r for these data is approximately 0.722.
(a) What is the value of the slope of the least-squares regression line for these data?
Round your answer to at least two decimal places.
|(b) what is the value of the y-intercept of the least-squares regression line for these data?
Round your answer to at least two decimal places.
Submit
I Don't Know
72021 McGraw Hil LLC. All Rights Resened
87F MMonty cle
Cip
Mean attendance
(spue snoun ui)
Transcribed Image Text:For major league baseball teams, is there a relationship between player payrolls and gate money? Here are data for each of the National League teams for the year 2000. The variable x denotes the 2000 player payroll (in millions of dollars), and the variable y denotes the mean attendance (in thousands of fans) for the 81 home games that year. The data are plotted in the Figure 1 scatter plot. Mean Player payroll, x (in $1,000,000s) attendance, y (in thousands) Arizona 87.0 34.81 Atlanta 94.5 39.88 Chicago Cubs 65.3 34.44 Cincinnati Colorado Florida 52.6 31.85 64.8 40.74 30.9 15.06 Houston 58.3 37.78 Los Angeles Milwaukee Montreal New York Mets Philadelphia Pittsburgh San Diego 105.0 37.16 41.5 19.38 39.5 11.48 99.8 34.81 53.9 19.88 40 36.3 21.60 29.88 Player payroll (In $1,000,000s) 64.1 San Francisco 59.6 40.99 Figure 1 80.7 41.23 St Louis Send data to Excel Send data to calculator Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below. (If necessary, consult a list of formulas.) The value of the sample correlation coefficient r for these data is approximately 0.722. (a) What is the value of the slope of the least-squares regression line for these data? Round your answer to at least two decimal places. |(b) what is the value of the y-intercept of the least-squares regression line for these data? Round your answer to at least two decimal places. Submit I Don't Know 72021 McGraw Hil LLC. All Rights Resened 87F MMonty cle Cip Mean attendance (spue snoun ui)
Philadelphia
Pittsburgh
San Diego
53.9
19.88
36.3
21.60
20
40
60
SO
100
120
140
64.1
29.88
San Francisco
Player payroll (in $1,000,000s)
59.6
40.99
St Louis
80.7
Figure 1
41.23
Send data to calculator
Send data to Excel
The value of the sample correlation coefficient r for these data is approximately 0.722.
Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified be
list of formulas.)
(a) What is the value of the slope of the least-squares regression line for these data?
Round your answer to at least two decimal places.
(b) What is the value of the y-intercept of the least-squares regression line for these data?
Round your answer to at least two decimal places.
日
NDon't Know
Submit
02021 McGraw Hll LLC All Rights Reserved
Transcribed Image Text:Philadelphia Pittsburgh San Diego 53.9 19.88 36.3 21.60 20 40 60 SO 100 120 140 64.1 29.88 San Francisco Player payroll (in $1,000,000s) 59.6 40.99 St Louis 80.7 Figure 1 41.23 Send data to calculator Send data to Excel The value of the sample correlation coefficient r for these data is approximately 0.722. Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified be list of formulas.) (a) What is the value of the slope of the least-squares regression line for these data? Round your answer to at least two decimal places. (b) What is the value of the y-intercept of the least-squares regression line for these data? Round your answer to at least two decimal places. 日 NDon't Know Submit 02021 McGraw Hll LLC All Rights Reserved
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