Open with Gooçle Decs Team Payroll Wins Payroll Wins 103 Team Milwaukee Brewers Arizona Diamondbacks Atlanta Braves Baltimore Orioles 69 75 73 122 68 Minnesota Twins 112 59 157 89 New York Mets 150 87 Boston Red Sox 215 93 New York Yankees 227 84 Oakland Athletics Philadelphia Phillies Pittsburgh Pirates San Diego Padres Chicago Cubs Chicago White Sox 182 103 98 69 141 78 117 71 Cincinnati Reds 114 68 106 78 Cleveland Indians 114 94 127 68 Colorado Rockies 121 75 San Francisco Giants 181 87 Detroit Tigers Houston Astros Seattle Mariners St. Louis Cardinals Tampa Bay Rays Texas Rangers 206 86 155 86 118 84 167 86 Kansas City Royals Los Angeles Angels Los Angeles Dodgers Miami Marlins 145 81 71 68 181 74 169 95 274 91 Toronto Blue Jays 159 89 81 79 Washington Nationals 163 95 Questions 1-4 use the data above regrading baseball teams. 1) Make the scatter plot with the Line of best fit. 2) Calculate the correlation (r) 3) Describe the scatterplot (DUFS) 4) Calculate and write the LSRL
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
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