Data were collected to explain the number of wins a major league baseball team has based on the earned run average (ERA) of the team’s starting pitchers Based on the regression results, answer the following questions a) What is the estimated regression equation? b) What percentage of the variation in wins is explained by ERA? c) What is the correlation between wins and ERA?

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Data were collected to explain the number of wins a major league baseball team has based on the earned run average (ERA) of the team’s starting pitchers Based on the regression results, answer the following questions a) What is the estimated regression equation? b) What percentage of the variation in wins is explained by ERA? c) What is the correlation between wins and ERA?
Complete the Table Below
Regression
Statistics
Multiple R
R Square
Adjusted R Square
0.707
Standard Error
Observations
8.
ANOVA
df
SS
MS
F
Regression
Residual
Significance F
0.005478716
770.17
257.83
Total
Standard
Upper
95%
Coefficients
Error
t Stat
P-value
Lower 95%
Intercept
165.46
21.38
0.000
ERA
-21.48
5.07
0.005
Transcribed Image Text:Complete the Table Below Regression Statistics Multiple R R Square Adjusted R Square 0.707 Standard Error Observations 8. ANOVA df SS MS F Regression Residual Significance F 0.005478716 770.17 257.83 Total Standard Upper 95% Coefficients Error t Stat P-value Lower 95% Intercept 165.46 21.38 0.000 ERA -21.48 5.07 0.005
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