Six independent variables using regression

Reference no: EM1322370

Find the most powerful predictor among the six independent variables using regression.

Create a regression model to predict winning percentage using all of the following data (BATTING through SAVES).

TEAM	WINNING %	PAYROLL	BATTING	HR	RUNS	RBI	ERA	SAVES
Anaheim	0.432	51,340,297	0.256	158	711	673	4.79	37
Arizona	0.617	70,046,818	0.277	216	908	865	3.77	42
Atlanta	0.636	79,256,599	0.266	197	840	791	3.65	45
Baltimore	0.481	75,443,363	0.279	203	851	804	4.77	33
Boston	0.58	72,330,656	0.278	176	836	808	4	50
Chicago White Sox	0.466	24,535,000	0.277	162	777	742	4.92	39
Chicago Cubs	0.414	55,419,648	0.257	189	747	717	5.27	32
Cincinnati	0.589	38,031,285	0.272	209	865	820	3.99	55
Cleveland	0.599	73,531,692	0.289	209	1009	960	4.91	46
Colorado	0.444	54,367,504	0.288	223	906	863	6.03	33
Detroit	0.429	36,954,666	0.261	212	747	704	5.22	33
Florida	0.395	14,650,000	0.263	128	691	655	4.9	33
Houston	0.599	56,389,000	0.267	168	823	784	3.84	48
Kansas City	0.398	16,557,000	0.282	151	856	800	5.35	29
Los Angeles	0.475	76,607,247	0.266	187	793	761	4.45	37
Milwaukee	0.46	42,976,575	0.273	165	815	777	5.08	40
Minnesota	0.394	15,845,000	0.264	105	686	643	5.03	34
Montreal	0.42	15,015,250	0.265	163	718	680	4.69	44
New York Yankees	0.605	91,990,955	0.282	193	900	855	4.16	50
New York Mets	0.595	71,510,523	0.279	181	853	814	4.27	49
Oakland	0.537	25,208,858	0.259	235	893	845	4.76	48
Philadelphia	0.475	30,441,500	0.275	161	841	797	4.93	32
Pittsburgh	0.484	23,682,420	0.259	171	775	735	4.35	34
San Diego	0.457	46,507,179	0.252	153	710	671	4.47	43
Seattle	0.488	45,351,254	0.269	244	859	825	5.25	40
San Francisco	0.531	45,991,934	0.271	188	872	828	4.71	42
St. Louis	0.466	46,337,129	0.262	194	809	763	4.76	38
Tampa Bay	0.426	37,860,451	0.274	145	772	728	5.06	45
Texas	0.586	80,801,598	0.293	230	945	897	5.07	47
Toronto	0.519	48,847,300	0.280	212	883	856	4.93	39

Which independent variable is the most powerful predictor, using the p-value as a guide?

1. Payroll
2. Saves
3. Era
4. Batting

Reference no: EM1322370

Questions Cloud

Testing of regression coefficient : Is there evidence that teams with higher total payrolls tend to be more successful? Justify your answer.

Propose example for some industry : Write down an example for some industry of your choice such as coffee, Movie Theatre, pizza, credit card, trash/waste removal, utility or automotive service.

Deriving the regression equation : Deriving the regression equation, testing the model fit and obtains confidence interval for estimated values.

Attitudes and values on part of business : What attitudes and values on the part of business and others lead to the creation of areas like the "valley of death?" Should the third world have more pollution, as Lawrence Summers argues?

Six independent variables using regression : Find the most powerful predictor among the six independent variables using regression.

Different forms of business organization : Describe the different forms of business organization. Explain how business has evolved from feudalism, mercantilism, and capitalism.

Multiple choice question based on regression : Assume the least squares equation is Y' = 10 + 20X. What does the value of 20 indicate?

Decides to "work off" the excess by jumping up and down : A 76kg student consumes 2500 Cal each day and stays the same weight. One day, he eats 3500 Cal and, wanting to keep from gaining weight, decides to "work off" the excess by jumping up and down.

Multiple choices based on regression equation : Suppose the least squares regression equation is Y' = 1,202 + 1,133X. When X = 3, what does Y' equal?

User Account

All Pages