Stats: Modeling the World Nasta Edition Grades 9-12
Stats: Modeling the World Nasta Edition Grades 9-12
3rd Edition
ISBN: 9780131359581
Author: David E. Bock, Paul F. Velleman, Richard D. De Veaux
Publisher: PEARSON
bartleby

Concept explainers

bartleby

Videos

Question
Book Icon
Chapter 8, Problem 32E

(a)

To determine

To write the equation of the regression line.

(a)

Expert Solution
Check Mark

Answer to Problem 32E

  H^ ome attendance=14364.5+538.915Wins .

Explanation of Solution

In the question, it is given the scatterplot, residual plot and part of regression analysis of the relationship between the number of wins by American league baseball teams and the average attendance at their home games. The dependent variable is home attendance. And,

  R2=48.5%

  Constant=14364.5Wins=538.915

Thus, the regression line for this context will be as:

  H^ ome attendance=14364.5+538.915Wins

(b)

To determine

To estimate the average attendance for a team with 50 wins.

(b)

Expert Solution
Check Mark

Answer to Problem 32E

The average attendance for a team with 50 wins is 12581.25 .

Explanation of Solution

In the question, it is given the scatterplot, residual plot and part of regression analysis of the relationship between the number of wins by American league baseball teams and the average attendance at their home games. The dependent variable is home attendance. And,

  R2=48.5%

  Constant=14364.5Wins=538.915

And the regression line for this context is:

  H^ ome attendance=14364.5+538.915Wins

Thus, the average attendance for a team with 50 wins is as:

  H^ ome attendance=14364.5+538.915Wins=14364.5+538.915×50=12581.25

(c)

To determine

To interpret the meaning of the slope of the regression line in this context.

(c)

Expert Solution
Check Mark

Explanation of Solution

In the question, it is given the scatterplot, residual plot and part of regression analysis of the relationship between the number of wins by American league baseball teams and the average attendance at their home games. The dependent variable is home attendance. And,

  R2=48.5%

  Constant=14364.5Wins=538.915

And the regression line for this context is:

  H^ ome attendance=14364.5+538.915Wins

Thus, the meaning of the slope of the regression line in this context is on average one win corresponds to 538.915 increase in attendance.

(d)

To determine

To explain what would a negative residual mean in this context.

(d)

Expert Solution
Check Mark

Explanation of Solution

In the question, it is given the scatterplot, residual plot and part of regression analysis of the relationship between the number of wins by American league baseball teams and the average attendance at their home games. The dependent variable is home attendance. And,

  R2=48.5%

  Constant=14364.5Wins=538.915

And the regression line for this context is:

  H^ ome attendance=14364.5+538.915Wins

Thus, a negative residual mean in this context is that winning would decrease attendance.

(e)

To determine

To calculate the residual for this team and explain what it means.

(e)

Expert Solution
Check Mark

Answer to Problem 32E

Residual is 12222.555 .

Explanation of Solution

In the question, it is given the scatterplot, residual plot and part of regression analysis of the relationship between the number of wins by American league baseball teams and the average attendance at their home games. The dependent variable is home attendance. And,

  R2=48.5%

  Constant=14364.5Wins=538.915

And the regression line for this context is:

  H^ ome attendance=14364.5+538.915Wins

Thus, it is also given the Cardinals won 83 games and averaged 42588 fans at their home games. Thus, the residual is calculated as:

  H^ ome attendance=14364.5+538.915Wins=14364.5+538.915×83=30365.445Residual=Actualpredicted=4258830365.445=12222.555

Thus, the linear model predicts an attendance that is too low for the Cardinals. The residual shows the difference between the actual minus the predicted value.

Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Text book image
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Text book image
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Text book image
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Text book image
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
Text book image
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Text book image
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman
Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY