The graph shows the relationship between the number of games won by a Chicago basketball team and th


Question: The graph shows the relationship between the number of games won by a Chicago basketball team and the average salary (in millions) for a ten-year period. Use the scatter plot, the residuals plot, and part of the regression analysis to answer the question.

Dependent variable is: # of wins

R-squared= 65%

Variable | Coefficient

Constant | 302,045.37

Salary | 8.973

a) Is a linear model appropriate here?

b) Interpret the meaning of R-squared in this context.

c) What is the correlation between salary and average wins?

Price: $2.99
Solution: The downloadable solution consists of 3 pages
Deliverables: Word Document

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