Concept explainers
a.
Construct a
Explain whether the relationship between the variables is linear or not.
Check whether it is reasonable that as the score increases, the prize decreases.
b.
Find the percentage of variation in the prize that is accounted for by the score.
c.
Construct a scatter diagram with Log-prize as the dependent variable and score as the independent variable.
d.
Find the regression equation using log-prize as the dependent variable.
Find the coefficient of determination using log-prize as the dependent variable.
e.
Compare the coefficient of determination in parts (b) and (d).
Explain the conclusion.
f.
Find the expected prize if a player shot an even par score of 288 for the four rounds.
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Loose Leaf for Statistical Techniques in Business and Economics
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