Based on this data, fit a linear regression model and predict the total number of baskets that will be scored in a season by an NBA player with salary $3.9 million dollars a year. Write your answer as an integer, by rounding your solution to the nearest integer.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
icon
Concept explainers
Question
A sports dataset collected over ten years shows that the total number of baskets scored by an NBA player in a season depends on the amount of his yearly salary. The
sample mean and standard deviation of salaries of studied players over this period are $1.1 million dolars and $0.4 million dollars, respectively. The sample mean and
standard deviation of total number of scored baskets in a season are 701.7 and 57.1, respectively.
The correlation coefficient between the yearly salary and the number of baskets is 0.75.
Based on this data, fit a linear regression model and predict the total number of baskets that will be scored in a season by an NBA player with salary $3.9 million dollars
a year. Write your answer as an integer, by rounding your solution to the nearest integer.
Number of baskets in a season:
Transcribed Image Text:A sports dataset collected over ten years shows that the total number of baskets scored by an NBA player in a season depends on the amount of his yearly salary. The sample mean and standard deviation of salaries of studied players over this period are $1.1 million dolars and $0.4 million dollars, respectively. The sample mean and standard deviation of total number of scored baskets in a season are 701.7 and 57.1, respectively. The correlation coefficient between the yearly salary and the number of baskets is 0.75. Based on this data, fit a linear regression model and predict the total number of baskets that will be scored in a season by an NBA player with salary $3.9 million dollars a year. Write your answer as an integer, by rounding your solution to the nearest integer. Number of baskets in a season:
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Knowledge Booster
Correlation, Regression, and Association
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman