In Exercise 2, the quadratic model results in R 2 = 0.255. Identify the percentage of the
Question:
In Exercise 2, the quadratic model results in R2 = 0.255. Identify the percentage of the variation in Super Bowl points that can be explained by the quadratic model relating the variable of year and the variable of points scored. What does the result suggest about the usefulness of the quadratic model?
Data From Exercise 2:
Let x represent years coded as 1, 2, 3, . . . for years starting in 1980, and let y represent the numbers of points scored in each Super Bowl from 1980. Using the data from 1980 to the last Super Bowl at the time of this writing, we obtain the following values of R2 for the different models: linear: 0.147; quadratic: 0.255; logarithmic: 0.176; exponential: 0.175; power: 0.203. Based on these results, which model is best? Is the best model a good model? What do the results suggest about predicting the number of points scored in a future Super Bowl game?
Step by Step Answer:
Mathematical Interest Theory
ISBN: 9781470465681
3rd Edition
Authors: Leslie Jane, James Daniel, Federer Vaaler