Below is some of the regression output from a simple regression of the number of wins for a major league baseball team and the size amount of money the team is paying its players (expressed in millions of $'s) *please fill in the
Below is some of the regression output from a simple regression of the number of wins for a major league baseball team and the size amount of money the team is paying its players (expressed in millions of $'s) *please fill in the
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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Question
19) Below is some of the regression output from a simple regression of the number of wins for a major league baseball team and the size amount of money the team is paying its players (expressed in millions of $'s)
*please fill in the blanks of the table*
(show the scratch work so I can understand)

Transcribed Image Text:SUMMARY OUTPUT Wins v. Team Payroll
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
30
ANOVA
df
SS
MS
Regression
1032.6
1032.6
13.7
Residual
2109.7
75.3
Total
Lower 95%
Upper
95%
75.9
Coefficients
Standard Error t Stat
P-value
Intercept
67.6
4.02
16.8
3.515E-16 59.4
Payroll
0.249
0.0673
10.0009
0.387
Based on the regression output, what is R
(or coefficient of determination)? (please express your answer using 3 decimal places)
0.329
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