Based on the regression output, if you wanted to test whether the number of wins is related to the team payroll, using the 5% level of significance, what would you conclude

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Q: Based on the regression output, if you were to test the hypothesis that the coefficient on the…

A: Test is that whether the coefficient on the Payroll variable was equal to 0 or not.

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Q: Based on the regression output, what is the predicted number of wins for a team with a payroll of…

A: It is given that The regression equation is Wins = 67.6 + 0.215 Payroll

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