Statistics for Business & Economics, Revised (MindTap Course List)
Statistics for Business & Economics, Revised (MindTap Course List)
12th Edition
ISBN: 9781285846323
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: South-Western College Pub
Question
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Chapter 15.2, Problem 10E

a.

To determine

Find the estimated regression equation that could be used to predict the average number of runs given up per inning given the average number of strikeouts per innings pitched.

a.

Expert Solution
Check Mark

Answer to Problem 10E

The estimated regression equation that could be used to predict the average number of runs given up per inning given the average number of strikeouts per innings pitched is R/IP^=0.67580.2838SO/IP.

Explanation of Solution

Calculation:

The Major League Baseball (MLB) data for the season 2011consists of the average number of earned runs given up by the pitcher per nine innings (ERA), the average number of strikeouts per innings pitched (SO/IP), the average number of home runs per innings pitched (HR/IP) and the number of runs given up per innings pitched (R/IP).

Multiple linear regression model:

A multiple linear regression model is given as y^=b0+b1x1+...+bpxp where y^ is the predicted value of response or dependent variable, and x1,x2,...,xp are the p predictor variables. The quantities b1,b2,...,bp are the estimated slopes corresponding to x1,x2,...,xp respectively and b0 is the estimated intercept of the line, from the sample data.

Regression:

Software procedure:

Step by step procedure to get regression equation using MINITAB software is given as,

  • Choose Stat > Regression > Regression > Fit Regression Model.
  • Under Responses, enter the column of R/IP.
  • Under Continuous predictors, enter the columns ofSO/IP.
  • Click OK.

The output using MINITAB software is given as,

Statistics for Business & Economics, Revised (MindTap Course List), Chapter 15.2, Problem 10E , additional homework tip  1

Thus, the estimated regression equation that could be used to predict the average number of runs given up per inning given the average number of strikeouts per innings pitched is R/IP^=0.67580.2838SO/IP.

b.

To determine

Find the estimated regression equation that could be used to predict the average number of runs given the average number of home runs per innings pitched.

b.

Expert Solution
Check Mark

Answer to Problem 10E

The estimated regression equation that could be used to predict the average number of runs given the average number of home runs per innings pitched is R/IP^=0.3081+1.347HR/IP.

Explanation of Solution

Calculation:

Regression:

Software procedure:

Step by step procedure to get regression equation using MINITAB software is given as,

  • Choose Stat > Regression > Regression > Fit Regression Model.
  • Under Responses, enter the column of R/IP.
  • Under Continuous predictors, enter the column ofHR/IP.
  • Click OK.

The output using MINITAB software is given as,

Statistics for Business & Economics, Revised (MindTap Course List), Chapter 15.2, Problem 10E , additional homework tip  2

Thus, the estimated regression equation that could be used to predict the average number of runs given the average number of home runs per innings pitched is R/IP^=0.3081+1.347HR/IP.

c.

To determine

Find the estimated regression equation that could be used to predict the average number of runs given the average number of strikeouts per innings pitched and the average number of home runs per innings pitched.

c.

Expert Solution
Check Mark

Answer to Problem 10E

The estimated regression equation that could be used to predict the average number of runs given the average number of strikeouts per innings pitched and the average number of home runs per innings pitched is R/IP^=0.53650.2483SO/IP+1.032HR/IP.

Explanation of Solution

Calculation:

Regression:

Software procedure:

Step by step procedure to get regression equation using MINITAB software is given as,

  • Choose Stat > Regression > Regression > Fit Regression Model.
  • Under Responses, enter the column of R/IP.
  • Under Continuous predictors, enter the columns ofSO/IP andHR/IP.
  • Click OK.

The output using MINITAB software is given as,

Statistics for Business & Economics, Revised (MindTap Course List), Chapter 15.2, Problem 10E , additional homework tip  3

Thus, the estimated regression equation that could be used to predict the average number of runs given the average number of strikeouts per innings pitched and the average number of home runs per innings pitched is R/IP^=0.53650.2483SO/IP+1.032HR/IP.

d.

To determine

Predict the average number of runs given up per inning for A.J. Burnett using the regression equation of part c.

d.

Expert Solution
Check Mark

Answer to Problem 10E

The predicted average number of runs given up per inning for A.J. Burnett is 0.4757.

Explanation of Solution

Calculation:

The average number of strikeouts and the average number of home runs per innings pitched for A.J. Burnet are 0.91 and 0.16, respectively.

From part (c), it is found that estimated regression equation that could be used to predict the average number of runs given the average number of strikeouts per innings pitched and the average number of home runs per innings pitched is R/IP^=0.53650.2483SO/IP+1.032HR/IP

Thus, using the given information the predicted average number of runs given up per inning for A.J. Burnett is,

R/IP^=0.53650.2483(0.91)+1.032(0.16)=0.53650.225953+0.165120.4757

Thus, the predicted average number of runs given up per inning for A.J. Burnett is 0.4757.

It is to be noted that the actual average number of runs given up per inning for A.J. Burnett was 0.6.

Thus, the predicted value is slightly less than the actual value. Hence, the residual is positive, which underestimate the model slightly.

e.

To determine

Explain about the suggestion to use the earned run average as another independent variable.

e.

Expert Solution
Check Mark

Explanation of Solution

Calculation:

Correlation Coefficient:

Software procedure:

Step by step procedure to get correlation coefficient using MINITAB software is given as,

  • Choose Stat > Basic Statistics > Correlation.
  • Under Variables, enter the column of R/IP and ERA.
  • Click OK.

The MINITAB output is given as,

Statistics for Business & Economics, Revised (MindTap Course List), Chapter 15.2, Problem 10E , additional homework tip  4

Thus, the correlation coefficient between R/IO and ERA is 0.964.

Due to the high correlation coefficient, it can be said that if a pitcher gives up more runs per innings pitched then pitcher’s run average also increase. Thus, automatically there will be high value of coefficient of determination in the regression analysis using ERA as predictor variable.

Thus, the suggestion does not make any sense.

In addition, the ERA can be used as the predictor dependent variable.

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Chapter 15 Solutions

Statistics for Business & Economics, Revised (MindTap Course List)

Ch. 15.3 - In exercise 1, the following estimated regression...Ch. 15.3 - Prob. 12ECh. 15.3 - In exercise 3, the following estimated regression...Ch. 15.3 - In exercise 4, the following estimated regression...Ch. 15.3 - In exercise 5, the owner of Showtime Movie...Ch. 15.3 - In exercise 6, data were given on the average...Ch. 15.3 - Prob. 17ECh. 15.3 - Prob. 18ECh. 15.5 - In exercise 1, the following estimated regression...Ch. 15.5 - Refer to the data presented in exercise 2. The...Ch. 15.5 - The following estimated regression equation was...Ch. 15.5 - In exercise 4, the following estimated regression...Ch. 15.5 - Prob. 23ECh. 15.5 - The Wall Street Journal conducted a study of...Ch. 15.5 - The Cond Nast Traveler Gold List for 2012 provided...Ch. 15.5 - In exercise 10, data showing the values of several...Ch. 15.6 - In exercise 1, the following estimated regression...Ch. 15.6 - Refer to the data in exercise 2. The estimated...Ch. 15.6 - In exercise 5, the owner of Showtime Movie...Ch. 15.6 - Prob. 30ECh. 15.6 - The American Association of Individual Investors...Ch. 15.7 - Consider a regression study involving a dependent...Ch. 15.7 - Consider a regression study involving a dependent...Ch. 15.7 - Management proposed the following regression model...Ch. 15.7 - Refer to the Johnson Filtration problem introduced...Ch. 15.7 - This problem is an extension of the situation...Ch. 15.7 - The Consumer Reports Restaurant Customer...Ch. 15.7 - A 10-year study conducted by the American Heart...Ch. 15.8 - Data for two variables, x and y, follow. xi 1 2 3...Ch. 15.8 - Data for two variables, x and y, follow. xi 22 24...Ch. 15.8 - Exercise 5 gave the following data on weekly gross...Ch. 15.8 - The following data show the curb weight,...Ch. 15.8 - Prob. 43ECh. 15.9 - Refer to the Simmons Stores example introduced in...Ch. 15.9 - In Table 15.12 we provided estimates of the...Ch. 15.9 - Community Bank would like to increase the number...Ch. 15.9 - Over the past few years the percentage of students...Ch. 15.9 - The Tire Rack maintains an independent consumer...Ch. 15 - The admissions officer for Clearwater College...Ch. 15 - The personnel director for Electronics Associates...Ch. 15 - A partial computer output from a regression...Ch. 15 - Recall that in exercise 49, the admissions officer...Ch. 15 - Recall that in exercise 50 the personnel director...Ch. 15 - The Tire Rack, Americas leading online distributor...Ch. 15 - The Department of Energy and the U.S....Ch. 15 - A portion of a data set containing information for...Ch. 15 - Fortune magazine publishes an annual list of the...Ch. 15 - Consumer Research, Inc., is an independent agency...Ch. 15 - Matt Kenseth won the 2012 Daytona 500, the most...Ch. 15 - Finding the Best Car Value When trying to decide...
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