Revenues of the National Football League (NFL) are shown in Table 62 for various years. Let r
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Let r be the NFL€™s annual revenue (in billions of dollars) at t years since 2000.
a. Use technology to construct a scatterplot.
b. Describe the four characteristics of the association. Compute and interpret r as part of your analysis.
c. Use technology to graph the model r = 0.38t + 3.94 on the scatterplot. Does the line come close to the data points?
d. What is the slope of the model? What does it mean in this situation?
e. Estimate the revenue in 2014. Did you perform interpolation or extrapolation? The actual revenue was $10.3 billion. Find the error in your result.
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a bThere are no outliers the association is linear very strong and positive cThe grap...View the full answer
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