Question

For major league baseball teams, is there a relationship between player payrolls and gate money? Here are data for each of the National League teams for the year 2000 . The variable x denotes the 2000 player payroll (in millions of dollars), and the variable y denotes the mean attendance (in thousands of fans) for the 81 home games that year. The data are plotted in the Figure 1 scatter plot. Also given are the products of the player payroll values and mean attendance values for each of the sixteen teams. (These products, written in the column labelled " xy ," may aid in calculations.) Player payroll, x (in $1,000,000 s)Mean attendance, y (in thousands)xyArizona87.034.813028.47Atlanta94.539.883768.66Chicago Cubs65.334.442248.932Cincinnati52.631.851675.31Colorado64.840.742639.952Florida30.915.06465.354Houston58.337.782202.574Los Angeles105.037.163901.8Milwaukee41.519.38804.27Montreal39.511.48453.46New York Mets99.834.813474.038Philadelphia53.919.881071.532Pittsburgh36.321.60784.08San Diego64.129.881915.308San Francisco59.640.992443.004St Louis80.741.233327.261 Send data to Excel x20406080100120140y510152025303540450 Figure 1 Answer the following. Carry your intermediate computations to at least four decimal places, and round your answer as specified below. (If necessary, consult a list of formulas.) What is the value of the sample correlation coefficient for these data? Round your answer to at least three decimal places.

Answer #1

The International League of Triple-A minor league baseball
consists of 14 teams organized into three divisions: North, South,
and West. The following data show the average attendance for the 15
teams in the International League. Also shown are the teams’
records; W denotes the number of games won, L denotes the number of
games lost, and PCT is the proportion of games played that were
won. A test for any difference in the mean attendance for the three
divisions has...

The International League of Triple-A minor league baseball
consists of 14 teams organized into three divisions: North, South,
and West. The following data show the average attendance for the 15
teams in the International League. Also shown are the teams’
records; W denotes the number of games won, L denotes the number of
games lost, and PCT is the proportion of games played that were
won. A test for any difference in the mean attendance for the three
divisions has...

The International League of Triple-A minor league baseball
consists of 14 teams organized into three divisions: North, South,
and West. Suppose the following data show the average attendance
for the 14 teams in the International League. Also shown are the
teams' records; W denotes the number of games won, L denotes the
number of games lost, and PCT is the proportion of games played
that were won.
Team Name
Division
W
L
PCT
Attendance
Buffalo Bisons
North
66
77
0.462...

1. For a pair of sample x- and y-values, what is the difference
between the observed value of y and the predicted value of y? a) An
outlier b) The explanatory variable c) A residual d) The response
variable
2. Which of the following statements is false:
a) The correlation coefficient is unitless. b) A correlation
coefficient of 0.62 suggests a stronger correlation than a
correlation coefficient of -0.82. c) The correlation coefficient,
r, is always between -1 and 1....

Please read the article and answear about
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Please answer the following Case
analysis questions
1-How is New Balance performing compared to its primary rivals?
How will the acquisition of Reebok by Adidas impact the structure
of the athletic shoe industry? Is this likely to be favorable or
unfavorable for New Balance?
2- What issues does New Balance management need to address?
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What does New Balance need to do to continue to be successful?
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