Consider data on every game played by the Brooklyn Nets in 2014 (82 games) that includes thevariablesmargin; - the Net's margin of victory (number of points the Nets scored minus the number ofpoints their opponent scored) for game i, and• home; - a dummy variable equal to 1 when the Nets are the home team (game i was played intheir home arena) and equal to 0 when they are the away team (game i was played in theopponent's arena).I use the least-squares method to estimate the following regression modelmargin = a + ßhome; + eiBelow is the Stata output corresponding to the estimated regression line:regress margin home if team==== "Brooklyn Nets"SourceModelResidualTotalmarginhome_consSS1459.9512215252.048816712df180Coef. Std. Err.MS81 206.3209888.439024 3.049595-5.219512 2.1563891459.95122190.65061tNumber of obsF (1, 80)Prob > FR-squared.Adj R-squared =Root MSEP>|t|2.77 0.007-2.42 0.018827.660.00700.08740.076013.808[95% Conf. Interval]2.370137-9.51086414.50791-.9281607This output tells us the regression line equation is: margin = -5.2 + 8.4home.What was the Nets' average margin of victory for games in 2014 when they were the away team(i.e. when home=0)? (round to 2 decimal places)

Answered: This output tells us the regression…

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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This output tells us the regression line equation is: margin=-5.2 +8.4home. What was the Nets' average margin of victory for games in 2014 when they were the away tea (i.e. when home=0)? (round to 2 decimal places)