Red Sox Analyze the data for the Boston Red Sox from 2000-2017 for their performance in the American League

Red Sox

Analyze the data for the Boston Red Sox from 2000-2017 for their performance in the American League,

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Please use and follow the attached excel template to facilitate evaluation and grading.

7.  Write out the regression model in its equation form: y=a+bx, with figures for a and b from the excel output.

 

8. Explain what a and b mean, in simple language, using one sentence for each explanation.

 

9. Examine the model thus developed, using the 4 step procedure described in our forecasting module,

a. How strong is the model fit overall? Provide a measure and a number.

b. Are you sure? Provide a measure and a confidence level

c.How strong is the relationship between the IV and the DV? Provide a measure and a number.

d.. Are you sure? Provide a measure and a confidence level.

10.  Would you use the model developed to make forecasts? Why, or why not?

11. What other possible IVs and additional information would you consider adding to your regression model to make it potentially stronger?

The post Red Sox Analyze the data for the Boston Red Sox from 2000-2017 for their performance in the American League appeared first on Homeworkacetutors.



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