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The number of victories (W), earned run average (ERA), runs scored (R), batting average (AVG), and on- base percentage (OBP) for each team in the American League in the 2012 season are provided in the following table. The ERA is one measure of the effectiveness of the pitching staff, and a lower number is better. The other statistics are measures of effectiveness of the hitters, and higher numbers are better for each of these. Team W ERA R AVG OBP Baltimore Orioles 93 3.90 712 0.247 0.311 Boston Red Sox 69 4.70 734 0.260 0.315 Chicago White Sox 85 4.02 748 0.255 0.318 Cleveland Indians 68 4.78 667 0.251 0.324 Detroit Tigers 88 3.75 726 0.268 0.335 Kansas City Royals 72 4.30 676 0.265 0.317 Los Angeles Angels 89 4.02 767 0.274 0.332 Minessota Twins 66 4.77 701 0.260 0.325 New York Yankees 95 3.85 804 0.265 0.337 Oakland Athletics 94 3.48 713 0.238 0.310 Seattle Mariners 75 3.76 619 0.234 0.296 Tampa Bay Rays 90 3.19 697 0.240 0.317 Texas Rangers 93 3.99 808 0.273 0.334 Toronto Blue Jays 73 4.64 716 0.245 0.309 (a) Develop a regression model that could be used to predict the number of victories based on the ERA. (b) Develop a regression model that could be used to predict the number of victories based on the runs scored. (c) Develop a regression model that could be used to predict the number of victories based on the batting average. (d) Develop a regression model that could be used to predict the number of victories based on the on-base percentage. (e) Which of the four models is better for predicting the number of victories? (f) Find the best multiple regression model to predict the number of wins. Use any combination of the variables to find the bestmodel.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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