Question: Repeat the previous problem with the basketball data in the file P03_56.xlsx. a. Rearrange the data so that there are four long columns: Team, Year,

Repeat the previous problem with the basketball data in the file P03_56.xlsx.
a. Rearrange the data so that there are four long columns: Team, Year, Salary, and Wins. There should be 6*30 values for each.
b. Create a scatter plot of Wins (Y) versus Salary (X). Is there any indication of a relationship between these two variables? Is it a linear relationship?
c. Run a regression of Wins versus Salary. What does it say, if anything, about teams buying their way to success?

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