Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Ten major college football bowl games were played in January 2010 with the University of Alabama beating the University of Texas 37 to 21 to become the national champion of college football. The results of the 10 bowl games are shown in the following table (USA Today, January 8, 2010). The predicted winning point margin was based on Las Vegas betting odds approximately one week before the bowl games were played. For example, Auburn was predicted to beat Northwestern in the Outback Bowl by 5 points. The actual winning point margin for Auburn was 3 points. A negative predicted winning point margin means that the team that won the bowl game was an underdog and expected to lose. For example, in the Rose Bowl, Ohio State was a 2-point underdog to Oregon and ended up wining by 9 points.
a. Develop a scatter diagram with the predicted point margin on the horizontal axis.
b. What is the relationship between the predicted and actual point margins?
c. Compute and interpret the sample covariance.
d. Compute the sample correlation coefficient. What does this value tell us about the relationship between the Las Vegas predicted point margin ad the actual point margin in college football bowl games?
Bowl Game
Score
Predicted Point Margin
Actual Point Margin
Outback
Auburn 38 Northwestern 35
5
3
Gator
Florida State 33 West Virginia 21
1
12
Capital One
Penn State 19 LSU 17
2
Rose
Ohio State 26 Oregon 17
-2
9
Sugar
Florida 51 Cincinnati 24
14
27
Cotton
Mississippi State 21 Oklahoma State 7
Alamo
Texas Tech 41 Michigan State 31
10
Fiesta
Boise State 17 TCU 10
-4
7
Orange
Iowa 24 Georgia Tech 14
-3
Championship
Alabama 37 Texas 21
4
16
a pollutoin control agency is considering the following rgulatory policies: (i) taxing the use of one input that increases pollution. (other inputs affect pollution too, both increasing and decreasing it) (ii) taxing the final goods that firms pro..
1. Why do you that the market clearing interest rates on bank savings and time deposits have fallen as the interest rates on bank loans have dropped 2. If interest rates earned by banks on their assets fell close to zero, why might all ..
Explain in detail how each of these forces influences the auto industry, and propose how the auto industry should respond or react to each force. Businesses not only respond and react to external forces, but can also attempt to influence them.
What would each of the following events do to the terms of trade of the importing country and the exporting country, other things being equal?
We said that an uncrowded country club gulf course has the aspect of a publc good.Why? Is it still a public good if it becomes crowded and people's game are slowed down?
1. employees at foxconn factories described in the e-activity worked more hours than allowed under chinese labor laws.
Recently, Pfizer and Warner-Lambert agreed to a ninety billion dollar merger, thus creating one of the world's biggest pharmaceutical firms. Pharmaceutical firms tend to expend a greater percentage (%) of sales on R&D activities than other industries..
a. what are your views regarding economic forecasting? in particular share any experiences you may have had with
Describe the industry and explain the general pattern of change of the particular market model and hypothesize the basic short-run and long-run behaviors of the model in the industry you have chosen in a "market economy."
1.one of the requirements of the noble eightfold path is right livelihood. schumacher suggests that the understanding
Shoes For Less (SFL) hires you to estimate the demand for their shoes, and you estimate this to be: Describe the difference in the results between your results and those of original consultant.
If interest rates or opportunity costs investment, happened to be the same in both developed countries and emerging economy nations, what could account for faster upward shifts in the latter group's planned investment functions Are stocks of produ..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd