Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

Complete the problems below from the textbook. You will need to use the "Baseball 2016 Data," "Lincolnville School District Bus Data," and the "Century National Bank Data" files for this...

1 answer below »

Complete the problems below from the textbook. You will need to use the "Baseball 2016 Data," "Lincolnville School District Bus Data," and the "Century National Bank Data" files for this assignment.These files have been attached.

  1. Chapter 13 – Problem 63
  2. Chapter 13 – Problem 64
  3. Chapter 14 – Problem 35
  4. Chapter 14 Case A – Century National Bank

For problems requiring computations, please ensure that your Excel file includes the associated cell computations and/or statistics output. This information is needed in order to receive full credit on these problems.

Submit output in one Excel file. I have uploaded an excel file labeled Week 7 Stats the math problems are on each tab.

Answered Same Day Sep 21, 2021

Solution

Mohd answered on Sep 24 2021
152 Votes
Sheet2
    SUMMARY OUTPUT
    Regression Statistics
    Multiple R    0.71
    R Square    0.50
    Adjusted R Square    0.48
    Standard E
or    427738.11
    Observations    30.00
    ANOVA
        df    SS    MS    F    Significance F
    Regression    1.00    5113240242699.29    5113240242699.29    27.95    0.00
    Residual    28.00    5122876885043.37    182959888751.55
    Total    29.00    10236117127742.70
        Coefficients    Standard E
or    t Stat    P-value    Lower 95%    Upper 95%    Lower 95.0%    Upper 95.0%
    Intercept    1196918.81    251124.06    4.77    0.00    682514.49    1711323.13    682514.49    1711323.13
    Team Salary    10347.29    1957.30    5.29    0.00    6337.95    14356.63    6337.95    14356.63
    RESIDUAL OUTPUT                    PROBABILITY OUTPUT
    Observation    Predicted Attendance    Residuals    Standard Residuals        Percentile    Attendance
    1.00    1877770.48    202374.52    0.48        1.67    1287054.00
    2.00    2124035.98    -122643.98    -0.29        5.00    1388905.00
    3.00    2427211.57    -146009.57    -0.35        8.33    1752235.00
    4.00    2942506.61    -61812.61    -0.15        11.67    1755810.00
    5.00    2409621.18    550190.82    1.31        15.00    1768175.00
    6.00    2342363.80    -586553.80    -1.40        18.33    1831080.00
    7.00    2414794.82    4711.18    0.01        21.67    2001392.00
    8.00    2104376.13    -715471.13    -1.70        25.00    2080145.00
    9.00    2214057.40    292731.60    0.70        28.33    2153585.00
    10.00    2984930.50    -258882.50    -0.62        31.67    2193581.00
    11.00    1911916.54    241668.46    0.57        35.00    2220054.00
    12.00    2365127.83    343421.17    0.82        38.33    2281202.00
    13.00    2711762.04    301002.96    0.72        41.67    2419506.00
    14.00    3580934.39    183880.61    0.44        45.00    2459742.00
    15.00    2072299.53    -320064.53    -0.76        48.33    2491875.00
    16.00    2218196.32    324361.68    0.77        51.67    2498596.00
    17.00    2317530.30    -97476.30    -0.23        55.00    2506789.00
    18.00    2232682.52    337070.48    0.80        58.33    2542558.00
    19.00    3406065.19    -212270.19    -0.51        61.67    2569753.00
    20.00    2032979.83    -264804.83    -0.63        65.00    2619843.00
    21.00    2573108.36    -742028.36    -1.77        68.33    2708549.00
    22.00    2085751.01    412844.99    0.98        71.67    2726048.00
    23.00    2506885.70    -47143.70    -0.11        75.00    2794891.00
    24.00    2919742.57    456139.43    1.09        78.33    2880694.00
    25.00    2471704.92    -278123.92    -0.66        81.67    2959812.00
    26.00    2441697.78    1079191.22    2.57        85.00    3012765.00
    27.00    1970896.09    -683842.09    -1.63        88.33    3193795.00
    28.00    2695206.38    -203331.38    -0.48        91.67    3375882.00
    29.00    2401343.35    393547.65    0.94        95.00    3520889.00
    30.00    3002520.89    -382677.89    -0.91        98.33    3764815.00
Sheet2
    
Attendance
Predicted Attendance
Team Salary
Attendance
Team Salary Line Fit Plot
Chapter 13 – Problem 63
    
                                                Team    League    Opened    Team Salary    Attendance    Wins    ERA    BA    HR                Year    Average Salary
                                                Arizona    National    1998    65.80    2080145    79    4.04    0.264    154                2000    1.99
                                                Atlanta    National    1996    89.60    2001392    67    4.41    0.251    100                2001    2.26
                                                Baltimore    American    1992    118.90    2281202    81    4.05    0.25    217                2002    2.38
                                                Boston    American    1912    168.70    2880694    78    4.31    0.265    161                2003    2.56
                                                Chicago Cubs    National    1914    117.20    2959812    97    3.36    0.244    171                2004    2.49
                                                Chicago White Sox    American    1991    110.70    1755810    76    3.98    0.25    136                2005    2.63
                                                Cincinnati    National    2003    117.70    2419506    64    4.33    0.248    167                2006    2.87
                                                Cleveland    American    1994    87.70    1388905    81    3.67    0.256    141                2007    2.94
                                                Colorado    National    1995    98.30    2506789    68    5.04    0.265    186                2008    3.15
                                                Detroit    American    2000    172.80    2726048    74    4.64    0.27    151                2009    3.24
                                                Houston    American    2000    69.10    2153585    86    3.57    0.25    230                2010    3.3
                                                Kansas City    American    1973    112.90    2708549    95    3.73    0.269    139                2011    3.31
                                                LA Angels    American    1966    146.40    3012765    85    3.94    0.246    176                2012    3.44
                                                LA Dodgers    National    1962    230.40    3764815    92    3.44    0.25    187                2013    3.65
                                                Miami    National    2012    84.60    1752235    71    4.02    0.26    120                2014    3.95
                                                Milwaukee    National    2001    98.70    2542558    68    4.28    0.251    145                2015    4.25
                                                Minnesota    American    2010    108.30    2220054    83    4.07    0.247    156                2016    4.4
                                                NY Mets    National    2009    100.10    2569753    90    3.43    0.244    177
                                                NY Yankees    American    2009    213.50    3193795    87    4.05    0.251    212            att
                                                Oakland    American    1966    80.80    1768175    68    4.14    0.251    146        10347.2898751388
                                                Philadelphia    National    2004    133.00    1831080    63    4.69    0.249    130
                                                Pittsburgh    National    2001    85.90    2498596    98    3.21    0.26    140
                                                San Diego    National    2004    126.60    2459742    74    4.09    0.243    148
                                                San Francisco    National    2000    166.50    3375882    84    3.72    0.267    136
                                                Seattle    American    1999    123.20    2193581    76    4.16    0.249    198
    What is the expected attendance for a team with a salary of $100.0 million?                                            St. Louis    National    2006    120.30    3520889    100    2.94    0.253    137
    2231618                                            Tampa Bay    American    1990    74.80    1287054    80    3.74    0.252    167
                                                Texas    American    1994    144.80    2491875    88    2.24    0.257    172
    If the owners pay an additional $30 million, how many more people could they ex-pect to attend?                                            Toronto    American    1989    116.40    2794891    93    3.8    0.269    232
    310410                                            Washington    National    2008    174.50    2619843    83    3.62    0.251    177
    What percentage of the variation in attendance is accounted for by salary?
    0.499            co
elation between attendance and team batting average
                0.1240653521
                be-tween attendance and team ERA.
                -0.2571981867
    SUMMARY OUTPUT
    Regression Statistics
    Multiple R    0.71
    R Square    0.50
    Adjusted R Square    0.48
    Standard E
or    427738.11
    Observations    30.00
    ANOVA
        df    SS    MS    F    Significance F
    Regression    1.00    5113240242699.29    5113240242699.29    27.95    0.00
    Residual    28.00    5122876885043.37    182959888751.55
    Total    29.00    10236117127742.70
        Coefficients    Standard E
or    t Stat    P-value    Lower 95%    Upper 95%    Lower 95.0%    Upper 95.0%
    Intercept    1196918.81    251124.06    4.77    0.00    682514.49    1711323.13    682514.49    1711323.13
    Team Salary    10347.29    1957.30    5.29    0.00    6337.95    14356.63    6337.95    14356.63
Refer to the Baseball 2016 data, which reports information on the 2016 Major League Baseball season. Let attendance be the dependent variable and total team salary be the independent variable.
Determine the regression equation and answer the following questions.a. Draw a scatter diagram. From the diagram, does there seem to be a direct relation-ship between the two variables?
b. What is the expected attendance for a team with a salary of $100.0 million?
c. If the owners pay an additional $30 million, how many more people could they ex-pect to attend?
d. At the .05 significance level, can we conclude that the slope of the regression line is positive? Conduct the appropriate test of hypothesis.
e. What percentage of the variation in attendance is accounted for by salary? f. Determine the co
elation between attendance and team batting average and be-tween attendance and team ERA. Which is stronger? Conduct an appropriate test of hypothesis for each set of variables.
Chapter 13 – Problem 63
    
team salary
Attendance
Trend line
y = 10347x + 1E+06
R² = 0.499
Bus maintenance
    
Attendance
Predicted Attendance
Team Salary
Attendance
Team Salary Line Fit Plot
Chapter 13 – Problem 64
    
Sheet7
    
Sheet1
    SUMMARY OUTPUT
    Regression Statistics
    Multiple R    0.7075670557
    R Square    0.5006511383
    Adjusted R Square    0.4942492299
    Standard E
or    1658.0967315122
    Observations    80
    ANOVA
        df    SS    MS    F    Significance F
    Regression    1    215003471.845492    215003471.845492    78.2034200711    0
    Residual    78    214444212.142008    2749284.77105139
    Total    79    429447683.9875
        Coefficients    Standard E
or    t Stat    P-value    Lower 95%    Upper 95%    Lower 95.0%    Upper 95.0%
    Intercept    337.2967490852    511.3722604612    0.6595914076    0.5114589185    -680.7671999274    1355.3606980978    -680.7671999274    1355.3606980978
    Age    603.1614670361    68.2057070877    8.8432697613    0    467.3743372449    738.9485968273    467.3743372449    738.9485968273
    RESIDUAL OUTPUT                    PROBABILITY OUTPUT
    Observation    Predicted Maintenance Cost    Residuals    Standard Residuals        Percentile    Maintenance Cost
    1    3353.1040842657    1292.8959157343    0.7847294376        0.625    505
    2    1543.6196831574    -471.6196831574    -0.2862518508        1.875    1008
    3    6368.9114194463    3025.0885805537    1.8360921645        3.125    1061
    4    1543.6196831574    -465.6196831574    -0.2826101217        4.375    1072
    5    1543.6196831574    -535.6196831574    -0.3250969607        5.625    1078
    6    3353.1040842657    1975.8959157343    1.1992795953        6.875    1569
    7    6368.9114194463    -1574.9114194463    -0.9559001133        8.125    1826
    8    5162.5884853741    -1210.5884853741    -0.7347725441        9.375    1881
    9    4559.427018338    -817.427018338    -0.4961412876        10.625    1955
    10    5765.7499524102    -1389.7499524102    -0.8435154642        11.875    2028
    11    6368.9114194463    -1536.9114194463    -0.9328358293        13.125    2116
    12    6368.9114194463    -1208.9114194463    -0.7337546408        14.375    2152
    13    2749.9426172296    -794.9426172296    -0.4824942714        15.625    2356
    14    3956.2655513018    -1181.2655513019    -0.7169748472        16.875    2470
    15    3956.2655513018    1395.7344486981    0.8471477832        18.125    2540
    16    3956.2655513018    -891.2655513018    -0.5409579428        19.375    2732
    17    2146.7811501935    996.2188498065    0.6046598556        20.625    2775
    18    2146.7811501935    -577.7811501935    -0.3506870673        21.875    2985
    19    5162.5884853741    2603.4115146259    1.5801532272        23.125    3011
    20    5162.5884853741    -1419.5884853741    -0.8616261063        24.375    3065
    21    2146.7811501935    393.2188498065    0.2386660853        25.625    3097
    22    5765.7499524102    -1423.7499524102    -0.8641519289        26.875    3124
    23    4559.427018338    -1198.4270183379    -0.7273910828        28.125    3143
    24    2146.7811501935    950.2188498065    0.5767399328        29.375    3173
    25    5765.7499524102    2497.2500475898    1.5157180106        30.625    3190
    26    5162.5884853741    -944.5884853741    -0.5733225559        31.875    3213
    27    2749.9426172296    -721.9426172296    -0.4381865679        33.125    3361
    28    3956.2655513018    1864.7344486981    1.1318096046        34.375    3527
    29    5765.7499524102    3303.2500475898    2.0049236141        35.625    3560
    30    3956.2655513018    -945.2655513018    -0.5737335043        36.875    3656
    31    5765.7499524102    3427.2500475898    2.0801860146        38.125    3690
    32    5765.7499524102    -970.7499524102    -0.589201385        39.375    3742
    33    940.4582161213    -435.4582161213    -0.2643034732        40.625    3743
    34    3956.2655513018    -1224.2655513019    -0.7430739055        41.875    3754
    35    5162.5884853741    -1408.5884853741    -0.854949603        43.125    3769
    36    5765.7499524102    -1125.7499524102    -0.6832793856        44.375    3770
    37    5765.7499524102    2644.2500475898    1.6049403725        45.625    3809
    38    6972.0728864824    -1050.0728864824    -0.637346824        46.875    3920
    39    5765.7499524102    -1401.7499524102    -0.8507989223        48.125    3952
    40    4559.427018338    -1369.4270183379    -0.8311803609        49.375    4139
    41    3956.2655513018    -743.2655513018    -0.451128626        50.625    4218
    42    5765.7499524102    -1626.7499524102    -0.987363762        51.875    4279
    43    4559.427018338    -999.427018338    -0.606607069        53.125    4342
    44    5162.5884853741    -1242.5884853741    -0.7541950991        54.375    4364
    45    5162.5884853741    1570.4115146259    0.9531688743        55.625    4376
    46    5162.5884853741    -1392.5884853741    -0.8452383255        56.875    4513
    47    6368.9114194463    -1200.9114194463    -0.7288990021        58.125    4563
    48    8781.5572875907    -1401.5572875907    -0.8506819835        59.375    4640
    49    2749.9426172296    906.0573827704    0.5499359165        60.625    4646
    50    3956.2655513018    2256.7344486982    1.369735903        61.875    4723
    51    2749.9426172296    1529.0573827704    0.9280687837        63.125    4752
    52    6368.9114194463    4206.0885805537    2.5529058341        64.375    4794
    53    5765.7499524102    -1013.7499524102    -0.6153004432        65.625    4795
    54    5162.5884853741    -1353.5884853741    -0.8215670866        66.875    4832
    55    4559.427018338    -790.427018338    -0.4797535068        68.125    5160
    56    2749.9426172296    -597.9426172296    -0.3629241674        69.375    5168
    57    3956.2655513018    -971.2655513018    -0.5895143302        70.625    5284
    58    5765.7499524102    -1202.7499524102    -0.7300149085        71.875    5329
    59    6368.9114194463    -1645.9114194463    -0.9989939072        73.125    5352
    60    2749.9426172296    -923.9426172296    -0.5607914462        74.375    5408
    61    1543.6196831574    -482.6196831574    -0.292928354        75.625    5821
    62    2749.9426172296    777.0573827704    0.4716387418        76.875    5922
    63    6368.9114194463    3300.0885805537    2.0030047463        78.125    5976
    64    2749.9426172296    -633.9426172296    -0.3847745417        79.375    6212
    65    7575.2343535185    -1363.2343535185    -0.827421693        80.625    6213
    66    4559.427018338    2367.5729816621    1.4370098874        81.875    6733
    67    1543.6196831574    337.3803168426    0.2047746172        83.125    6863
    68    4559.427018338    2444.5729816621    1.4837454103        84.375    6927
    69    6368.9114194463    -1084.9114194463    -0.6584922403        85.625    7004
    70    4559.427018338    -1386.4270183379    -0.8414985933        86.875    7380
    71    6368.9114194463    3764.0885805537    2.2846317935        88.125    7766
    72    3353.1040842657    -997.1040842657    -0.6051971529        89.375    8263
    73    3956.2655513018    -832.2655513018    -0.505147607        90.625    8410
    74    3956.2655513018    2019.7344486981    1.2258876052        91.875    9069
    75    6972.0728864824    -1564.0728864824    -0.9493216133        93.125    9193
    76    4559.427018338    -869.427018338    -0.5277029394        94.375    9394
    77    6368.9114194463    3204.0885805537    1.9447370814        95.625    9573
    78    3353.1040842657    -883.1040842657    -0.5360043008        96.875    9669
    79    5162.5884853741    1700.4115146259    1.0320730039        98.125    10133
    80    5765.7499524102    -1252.7499524102    -0.7603626507        99.375    10575
Sheet1
    
Maintenance Cost
Predicted Maintenance Cost
Age
Maintenance Cost
Age Line Fit Plot
Sheet3
    
                                            ID    Manufacturer    Engine Type (0=diesel)    Capacity    Age    Maintenance Cost    Odometer Miles    Miles
                                            10    Keiser    1    14    5    4646    54375    11973
                                            396    Thompson    0    14    2    1072    21858    11969
                                            122    Bluebird    1    55    10    9394    116580    11967
                                            751    Keiser    0    14    2    1078    22444    11948
                                            279    Bluebird    0    55    2    1008    22672    11925
                                            500    Bluebird    1    55    5    5329    50765    11922
                                            520    Bluebird    0    55    10    4794    119130    11896
                                            759    Keiser    0    55    8    3952    87872    11889
                                            714    Bluebird    0    42    7    3742    73703    11837
                                            875    Bluebird    0    55    9    4376    97947    11814
    see below.                                        600    Bluebird    0    55    10    4832    119860    11800
                                            953    Bluebird    0    55    10    5160    117700    11798
                                            101    Bluebird    0    55    4    1955    41096    11789
                                            358    Bluebird    0    55    6    2775    70086    11782
                                            29    Bluebird    1    55    6    5352    69438    11781
                                            365    Keiser    0    55    6    3065    63384    11778
                                            162    Keiser    1    55    3    3143    31266    11757
                                            686    Bluebird    0    55    3    1569    34674    11707
                                            370    Keiser    1    55    8    7766    86528    11704
                                            887    Bluebird    0    55    8    3743    93672    11698
                                            464    Bluebird    1    55    3    2540    34530    11698
                                            948    Keiser    0    42    9    4342    97956    11691
                                            678    Keiser    0    55    7    3361    75229    11668
                                            481    Keiser    1    6    3    3097    34362    11662
                                            43    Bluebird    1    55    9    8263    102969    11615
                                            704    Bluebird    0    55    8    4218    83424    11610
                                            814    Bluebird    0    55    4    2028    40824    11576
                                            39    Bluebird    1    55    6    5821    69444    11533
                                            699    Bluebird    1    55    9    9069    98307    11518
                                            75    Bluebird    0    55    6    3011    71970    11462
                                            693    Keiser    1    55    9    9193    101889    11461
                                            989    Keiser    0    55    9    4795    106605    11418
                                            982    Bluebird    0    55    1    505    10276    11359
                                            321    Bluebird    0    42    6    2732    70122    11358
                                            724    Keiser    0    42    8    3754    91968    11344
                                            732    Keiser    0    42    9    4640    101196    11342
                                            880    Keiser    1    55    9    8410    97065    11336        SUMMARY OUTPUT
                                            193    Thompson    0    14    11    5922    128711    11248
                                            884    Bluebird    0    55    9    4364    92457    11231        Regression Statistics
                                            57    Bluebird    0    55    7    3190    79240    11222        Multiple R    0.7075670557
                                            731    Bluebird    0    42    6    3213    68526    11168        R Square    0.5006511383
                                            61    Keiser    0    55    9    4139    103536    11148        Adjusted R Square    0.4942492299
                                            135    Bluebird    0    55    7    3560    76426    11127        Standard E
or    1658.0967315122
                                            833    Thompson    0    14    8    3920    90968    11112        Observations    80
                                            671    Thompson    1    14    8    6733    89792    11100
                                            692    Bluebird    0    55    8    3770    93248    11048        ANOVA
                                            200    Bluebird    0    55    10    5168    103700    11018            df    SS    MS    F    Significance F
                                            754    Keiser    0    14    14    7380    146860    11003        Regression    1    215003471.845492    215003471.845492    78.2034200711    0
                                            540    Bluebird    1    55    4    3656    45284    10945        Residual    78    214444212.142008    2749284.77105139
                                            660    Bluebird    1    55    6    6213    64434    10911        Total    79    429447683.9875
                                            353    Keiser    1    55    4    4279    45744    10902
                                            482    Bluebird    1    55    10    10575    116534    10802            Coefficients    Standard E
or    t Stat    P-value    Lower 95%    Upper 95%    Lower...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here