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UOMD Regression Equation Economics Stats Question

UOMD Regression Equation Economics Stats Question

UOMD Regression Equation Economics Stats Question

Description

It is thought that basketball teams that make too many fouls in a game tend to lose the game even if they otherwise play well. Let x be the number of fouls more than (i.e., over and above) the opposing team. Let y be the percentage of times the team with the larger number of fouls wins the game.x0456y48453326
GIVEN:  ?x = 15, ?y = 152, ?x2 = 77, ?y2 = 6094,  ? xy =  501 Calculate the correlation coefficient, r.    (round answer to four decimal places)Find:  x with bar on top =   y with bar on top =           b =  (round answer to three decimal places)
       a =  (round to two decimal places)
State the regression equation:  y with hat on top =  +  xUsing your regression equation predict y with hat on top for the lowest value of x and then for the highest value of x.Prediction for lowest value of x:  Prediction for highest value of x:  Plot those points on your initial graph and connect to indicate best fitting line (use next problem to post your graph with the best fitting line).  
Calculate r squared =  (round answer to four decimal places)
Interpret Coefficient of determination ( r squared)  (use wording on formula sheet provided to correctly state – i.e. in context of the problem – not “x” and “y” – but actual variables).  % of the variation in  can be explained by the variation in  and the least squares line.If a team had x = 3 fouls over and above the opposing team, what does the least-squares equation forecast for y? (Round your answer to two decimal places.)

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