Create a least squares prediction equation


Discuss the below:

Predicting runs scored in baseball.

Statistician Scott Berry built a multiple regression model for predicting total number of runs scored by a Major League Baseball team during a season. Using data on all teams over a 9-year period (a sample of n = 234), the results in the attached table were obtained (see attached table).

a) Write the least squares prediction equation for y = total number of runs scored by a team in a season.

b) Conduct a test of Ho: β7 = 0 against Ha: β7 < 0 at α= 0.05. Interpret the results.

c) Form a 95% confidence interval for β5. Interpret the results.

Independent Variable           β Estimate                  Standard Error

Intercept

3.70

15.00

Walks (x1)

.34

0.02

Singles (x2)

.49

0.03

Doubles (x3)

.72

0.05

Triples (x4)

1.14

0.19

Home runs (x5)

1.51

0.05

Stolen bases (x6)

.26

0.05

Caught stealing (x7)

-.14

0.14

Strikeouts (x8)

-.10

0.01

Outs (x9)

-.10

0.01

 

 

 

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