Question

In: Math

Professional basketball has truly become a sport that generates interest among fans around the world. More...

Professional basketball has truly become a sport that generates interest among fans around the world. More and more players come from outside the United States to play in the National Basketball Association (NBA). You want to develop a regression model to predict the number of wins achieved by each NBA team, based on field goal (shots made) percentage and three-point field goal percentage. The data are stored in NBA.xlsx

TEAM Wins Field Goal % Three-Point Field Goal % Points Per Game Rebound Freedraw Turnover
Houston Rockets 65 46 36.2 112.4 43.5 19.6 13.8
Toronto Raptors 59 47.2 35.8 111.7 44 17.3 13.4
Golden State Warriors 58 50.3 39.1 113.5 43.5 16.6 15.4
Boston Celtics 55 45 37.7 104 44.5 16 14
Philadelphia 76ers 52 47.2 36.9 109.8 47.4 17.1 16.5
Cleveland Cavaliers 50 47.6 37.2 110.9 42.1 18.1 13.7
Portland Trail Blazers 49 45.2 36.6 105.6 45.5 16.7 13.5
Indiana Pacers 48 47.2 36.9 105.6 42.3 14.9 13.3
New Orleans Pelicans 48 48.3 36.2 111.7 44.3 16.1 14.9
Oklahoma City Thunder 48 45.3 35.4 107.9 45.1 17.3 14
Utah Jazz 48 46.2 36.6 104.1 43.3 16.8 14.7
Minnesota Timberwolves 47 47.6 35.7 109.5 42 19.4 12.5
San Antonio Spurs 47 45.7 35.2 102.7 44.2 16.1 13.1
Denver Nuggets 46 47 37.1 110 44.5 17.1 15
Miami Heat 44 45.5 36 103.4 43.5 14.7 14.4
Milwaukee Bucks 44 47.8 35.5 106.5 39.8 18.3 13.8
Washington Wizards 43 46.7 37.5 106.6 43.1 16.8 14.6
LA Clippers 42 47.1 35.4 109 43.9 19 14.7
Detroit Pistons 39 45 37.3 103.8 43.7 14.7 13.4
Charlotte Hornets 36 45 36.9 108.2 45.5 20.2 12.7
Los Angeles Lakers 35 46.1 34.5 108.1 46.4 16.6 15.8
New York Knicks 29 46.4 35.2 104.5 44 14.9 14.7
Brooklyn Nets 28 44.1 35.6 106.6 44.4 17.4 15.2
Chicago Bulls 27 43.5 35.5 102.9 44.7 14.6 14
Sacramento Kings 27 45 37.5 98.8 40.9 12.3 13.7
Orlando Magic 25 45.2 35.1 103.4 41.6 15.5 14.5
Atlanta Hawks 24 44.6 36 103.4 41.9 15.8 15.5
Dallas Mavericks 24 44.4 36 102.3 41.3 14.2 12.3
Memphis Grizzlies 22 44.4 35.2 99.3 40.5 16.6 15
Phoenix Suns 21 44.2 33.4 103.9 44.1 17.7 15.7

1) At the 0.05 level of significance, perform a F test to determine whether the regression model has any significant variable. Use p-value to explain.

Solutions

Expert Solution

Solution:

A required regression model to predict the number of wins achieved by each NBA team, based on field goal (shots made) percentage and three-point field goal percentage is given as below:

Regression Statistics

Multiple R

0.692945243

R Square

0.48017311

Adjusted R Square

0.441667414

Standard Error

9.132542725

Observations

30

ANOVA

df

SS

MS

F

Significance F

Regression

2

2080.109911

1040.054956

12.47018402

0.000145913

Residual

27

2251.890089

83.40333662

Total

29

4332

Coefficients

Standard Error

t Stat

P-value

Lower 95%

Upper 95%

Intercept

-263.4928464

63.09278893

-4.176275147

0.000277207

-392.9485546

-134.0371381

Field Goal %

4.409542804

1.242684914

3.548399723

0.001442028

1.859764005

6.959321604

Three-Point Field Goal %

2.806937603

1.656982407

1.694005676

0.101771186

-0.592909427

6.206784632

From this regression model, the p-value or overall model is given as 0.0001459 which is very less than alpha value 0.05, so we reject the null hypothesis that the given regression model is not statistically significant. There is sufficient evidence to conclude that this regression model is statistically significant for prediction of the wins for a team.

Also, it is observed that the independent variable or explanatory variable Three-Point Field Goal is not a statistically significant variable because the p-value for this coefficient of this variable is given as 0.1018 which is greater than the alpha value 0.05.


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