Which of the following is the best interpretation for the slope of the regression line? (A) An addition of about $5 million in payroll corresponds to 1 extra win. (B) An addition of about $17 million in payroll corresponds to 1 extra win. (C) An addition of about $66 million in payroll corresponds to 1 extra win. (D) Five extra wins correspond to an addi- tion of about $1 million in payroll. (E) One extra win corresponds to an addi- tion of about $17 million in payroll.

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PART FOUR:
ICE TESTS
400
PRACTICE TEST 2
5. A sports researcher is studying statistics for a
set of professional baseball teams over a single
season. The researcher performs a regression
analysis on the total payroll (in millions of
dollars) versus the number of wins. An output
of the results is shown below.
7. The
is 3.
this
calc
pop
has
sam
Regression Analysis: Wins versus Payroll
(A)
Predictor
Coef.
SE
(B)
Constant 66.42
12.46
5.33
0.000
(C)
Payroll
S= 16.9082 R-Sq 11.3% R-Sq(adj) = 3.9%
0.2070
0.1673
1.24
0.240
(D)
(E)
Which of the following is the best
interpretation for the slope of the regression
line?
8. Wh-
rela
(A) An addition of about $5 million in
payroll corresponds to 1 extra win.
expe
(A)
(B) An addition of about $17 million in
payroll corresponds to 1 extra win.
(C) An addition of about $66 million in
payroll corresponds to 1 extra win.
(D) Five extra wins correspond to an addi-
tion of about $1 million in payroll.
(B)
(C)
(D)
(E) One extra win corresponds to an addi-
tion of about $17 million in payroll.
Transcribed Image Text:PART FOUR: ICE TESTS 400 PRACTICE TEST 2 5. A sports researcher is studying statistics for a set of professional baseball teams over a single season. The researcher performs a regression analysis on the total payroll (in millions of dollars) versus the number of wins. An output of the results is shown below. 7. The is 3. this calc pop has sam Regression Analysis: Wins versus Payroll (A) Predictor Coef. SE (B) Constant 66.42 12.46 5.33 0.000 (C) Payroll S= 16.9082 R-Sq 11.3% R-Sq(adj) = 3.9% 0.2070 0.1673 1.24 0.240 (D) (E) Which of the following is the best interpretation for the slope of the regression line? 8. Wh- rela (A) An addition of about $5 million in payroll corresponds to 1 extra win. expe (A) (B) An addition of about $17 million in payroll corresponds to 1 extra win. (C) An addition of about $66 million in payroll corresponds to 1 extra win. (D) Five extra wins correspond to an addi- tion of about $1 million in payroll. (B) (C) (D) (E) One extra win corresponds to an addi- tion of about $17 million in payroll.
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