STATISTICS F/BUS.+ECON.-ACCESS(24WKS.)
13th Edition
ISBN: 9780134596839
Author: MCCLAVE
Publisher: PEARSON
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Chapter 1, Problem 1.26ACI
Drafting NFL quarterbacks. The National Football League (NFL) is a lucrative business, generating an annual revenue of about $8 million. One key to becoming a financially successful NFL team is drafting a good quarterback (QB) out of college. The NFL draft allows the worst-performing teams in the previous year the opportunity of selecting the best quarterbacks coming out of college. The Journal of Productivity Analysis (Vol. 35, 2011) published a study of how successful NFL teams are in drafting productive quarterbacks. Data were collected for all 331 quarterbacks drafted between 1970 and 2007. Several variables were measured for each QB, including draft position (one of the top 10 players picked, selection between picks 11 and 50, or selected after pick 50), NFL winning ratio (percentage of games won), and QB production score (higher scores indicate more productive QBs). The researchers discovered that draft position is only weakly related to a quarterback’s performance in the NFL. They concluded that “quarterbacks taken higher [in the draft] do not appear to perform any better.”
- a. What is the experimental unit for this study?
- b. Identify the type (quantitative or qualitative) of each variable measured.
- c. Suppose you want to use this study to project the performance of future NFL QBs. Is this an application of descriptive or
inferential statistics ? Explain.
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Chapter 1 Solutions
STATISTICS F/BUS.+ECON.-ACCESS(24WKS.)
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