In American college football, Rivals.com constructs a widely followed index for rating colleges based on the high
Question:
In American college football, Rivals.com constructs a widely followed index for rating colleges based on the high school players they recruit and Jeff Sagarin constructs a highly regarded system for rating college football teams based on their performance.
Table 8.7 shows the average 2005–2008 performance and recruiting ratings for the 20 colleges with the highest recruiting averages. Use these data to estimate a simple linear regression model with performance as the dependent variable and recruiting as the explanatory variable.
a. Draw a scatter diagram and the least squares line.
b. Is the relationship statistically significant at the 5 percent level?
c. Is the size of the estimated relationship substantial?
d. Which team overperformed the most, in that its performance was much higher than predicted by your estimated equation?
e. Which team underperformed the most, in that its performance was much lower than predicted by your estimated equation?
Step by Step Answer:
Essential Statistics Regression And Econometrics
ISBN: 9780123822215
1st Edition
Authors: Gary Smith