Question: Repeat Problem 18.2 for the Chicago Cubs. In problem Many factors determine the attendance at Major League Baseball games. These factors can include when the
In problem
Many factors determine the attendance at Major League Baseball games. These factors can include when the game is played, the weather, the opponent, whether the team is having a good season, and whether a marketing promotion is held. Popular promotions during a recent season included the traditional hat days and poster days and the newer craze, bobble-heads of star players. (Data extracted from T. C. Boyd and T. C. Krehbiel, "An Analysis of the Effects of Specific Promotion Types on Attendance at Major League Baseball Games," Mid-American Journal of Business, 2006, 21, pp. 21-32.) The file Baseball includes the following variables for a recent Major League Baseball season:
TEAM-Kansas City Royals, Philadelphia Phillies,
Chicago Cubs, or Cincinnati Reds
ATTENDANCE-Paid attendance for the game
TEMP-High temperature for the day
WIN%-Team's winning percentage at the time of the game
OPWIN%-Opponent team's winning percentage at the time of the game
WEEKEND-1 if game played on Friday, Saturday, or Sunday; 0 otherwise
PROMOTION-1 if a promotion was held; 0 if no promotion was held
You want to predict attendance and determine the factors that influence attendance. Completely analyze the data for the Kansas City Royals.
Step by Step Solution
3.54 Rating (157 Votes )
There are 3 Steps involved in it
Let With all the 5 independent variables in the model None of the VIF is 5 The bestsubset regression produces only one potential model The best model ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
854-M-S-L-R (7088).docx
120 KBs Word File
