Question: Refer again to the regression analysis for average attendance and games won by American League baseball teams, seen in Exercise 44. Dependent variable is Home
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Dependent variable is Home Attendance
R-squared = 6.45%
VariableCoefficient
Intercept €¦€¦€¦...16484.0
Wins €¦€¦€¦......... 147.4
a) Write the equation of the regression line.
b) Estimate the Average Attendance for a team with 50 Wins?
c) Interpret the meaning of the slope of the regression line in this context.
d) In general, what would a negative residual mean in this context?
e) The St. Louis Cardinals, the 2013 NL Champions, are not included in these data because they are a National League team. During the 2013 regular season, the Cardinals won 97 games and averaged 41,602 fans at their home games. Calculate the residual for this team, and explain what it means.
40,000 35.000 30,D00 25,000 t 20.000 + 50 60 7080 90 10,000 5,000 -5,000 -10,000 24,000 27,000 30,000 33,000 Fitted Values
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