Solutions Statistics

The following table gives a football teams season-ticket sales, percentage of games won, and number

Question: The following table gives a football teams season-ticket sales, percentage of games won, and number of active alumni for the years 1996-2005.

Year	Season-Ticket Sales	Percentage of Games Won	Number of Active Alumni
1996	4995	40	NA
1997	8599	54	3450
1998	8479	55	3801
1999	8419	58	4000
2000	10253	63	4098
2001	12457	75	6315
2002	13285	36	6860
2003	14177	27	8423
2004	15730	63	9000
2005	15805	70	9500

a. Compute a correlation matrix for the variables. A software statistical package is recommended. Interpret the correlation between each pair of variables.

b. Estimate a regression model for sales = Percentage of games won.

c. Estimate a regression model for sales = Number of active alumni.

d. If sales is the dependent variable, which of the two independent variables do you think explains sales better? Explain.

Price: $2.99

Solution: The solution consists of 3 pages
Solution Format: Word Document