Homework SourseHelp develope a regression model Team 755 Help develope a re
Help develope a regression model.
Team
75.5
| Help develope a regression model. Team | Number of Victories | Payroll (Millions) |
| Baltimore Orioles | 93 | 81.4 |
| Boston Red Sox | 69 | 173.2 |
| Chicago White Sox | 85 | 96.9 |
| Cleveland Indians | 68 | 78.4 |
| Detroit Tigers | 88 | 132.3 |
| Kansas City Royals | 72 | 60.9 |
| Los Angeles Angels | 89 | 154.5 |
| Minnesota Twins | 66 | 94.1 |
| New York Yankees | 95 | 198 |
| Oakland Athletics | 94 | 55.4 |
| Seattle Mariners | 75 | 82 |
| Tampa Bay Rays | 90 | 64.2 |
| Texas Rangers | 93 | 120.5 |
| Toronto Blue Jays | 73 | 75.5 |
Solution
If we set the x values to be victories and y values be the payroll, then using technology,
slope = 0.775324319
intercept = 41.11978805
Thus, the regression line is
Payroll^ = 0.775324319*Victories + 41.11978805 [ANSWER]
