Question: Is there a positive correlation between an NBA team's payroll and the number of wins (regular season & playoffs) in the 2021-2022 season? Below is
Is there a positive correlation between an NBA team's payroll and the number of wins (regular season & playoffs) in the 2021-2022 season? Below is a random sample of 7 NBA teams. NBA Team Payroll (in millions of $) Wins Cleveland 136 44 Dallas 127 61 Oklahoma City 82 24 Milwaukee 161 58 Golden State 179 69 Denver 138 49 Orlando 127 22 a. Construct the null & alternative hypothesis to determine if there is a positive correlation between an NBA team's payroll and the number of wins in the 2021-22 season. b. Is there enough evidence at the 5% level? State your conclusion and explanation
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