1920https://eleaming uhv.edweb XGroupMee233b4f6-f69c-47cf-8298-632 XA e233groupme.com/v1/84589548/files/e233b4f6-f69c-47cf-8298-632d0266b7bc- D Page view A Read aloudAdd text V Draw-Arace winner was awarded 3 bonus points. But, the maximum number of points a driver couldearn in any race was 48. The following table shows data for the 2011 season for the top 35drivers (NASCAR website). These data are contained in the file NASCAR. Please see the datafile NASCAR.DriverPointsPolesWinsTop 5Top 10 Winnings($)6,529,870Tony24031.6StewartCarl Edwards2403268,485,9903.1.Kevin23456,197,140HarvickMatt2330126,183,5803.3.Kenseth2319145.087,7403.Source: NASCAR website, February 28, 2011. (https://www.nascar.com/)Managerial Report1. Suppose you wanted to predict Winnings ($) using only the number of poles won (Poles),the number of wins (Wins), the number of top five finishes (Top 5), or the number of topten finishes (Top 10). Which of these four variables provides the best single predictor ofwinnings? (20%)2. Develop an estimated regression equation that can be used to predict Winnings ($) giventhe number of poles won (Poles), the number of wins (Wins), the number of top fivefinishes (Top 5), and the number of top ten finishes (Top 10). Test for individualsignificance and discuss your findings and conclusions. (20%)TOSHIBAF10F11F12F86SAS8/07.8.6.K

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Answered: race winner was awarded3 bonus points.…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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