Solved: Baseball salaries 2005 ballplayers have been signing ever, Basic Computer Science

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Baseball salaries 2005 ballplayers have been signing ever

Question: Baseball salaries 2005. Ballplayers have been signing ever larger contracts. The highest salaries (in millions of dollars per season) for some notable players are given in the following table.

a) Examine a scatterplot of the data. Does it look straight?

b) Find the regression of Salary vs. Year and plot the residuals. Do they look straight?

c) Re-express the data, if necessary, to straighten the relationship.

d) What model would you report for the trend in salaries?

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