Question
In: Statistics and Probability
The File NFLValues.xlsx show the annual revenue ($ millions) and the estimated team value ($ millions)...
The File NFLValues.xlsx show the annual revenue ($ millions) and the estimated team value ($ millions) for the 32 teams in the National Football League.
- Develop a scatter diagram with Revenue on the horizontal axis and Value on the vertical axis. Does it appear that there are any outliers and/or influential observations in the data?
- Develop the estimated regression equation that can be used to predict team value given the value of annual revenue.
- Use residual analysis to determine whether any outliers and/or influential observations are present. (Calculate Leverages, Cook’s Distance). Briefly summarize your findings and conclusions.
| Team | Revenue | Value |
| Arizona Cardinals | 203 | 914 |
| Atlanta Falcons | 203 | 872 |
| Baltimore Ravens | 226 | 1062 |
| Buffalo Bills | 206 | 885 |
| Carolina Panthers | 221 | 1040 |
| Chicago Bears | 226 | 1064 |
| Cincinnati Bengals | 205 | 941 |
| Cleveland Browns | 220 | 1035 |
| Dallas Cowboys | 269 | 1612 |
| Denver Broncos | 226 | 1061 |
| Detroit Lions | 204 | 917 |
| Green Bay Packers | 218 | 1023 |
| Houston Texans | 239 | 1125 |
| Indianapolis Colts | 203 | 1076 |
| Jacksonville Jaguars | 204 | 876 |
| Kansas City Chiefs | 214 | 1016 |
| Miami Dolphins | 232 | 1044 |
| Minnesota Vikings | 195 | 839 |
| New England Patriots | 282 | 1324 |
| New Orleans Saints | 213 | 937 |
| New York Giants | 214 | 1178 |
| New York Jets | 213 | 1170 |
| Oakland Raiders | 205 | 861 |
| Philadelphia Eagles | 237 | 1116 |
| Pittsburgh Steelers | 216 | 1015 |
| San Diego Chargers | 207 | 888 |
| San Francisco 49ers | 201 | 865 |
| Seattle Seahawks | 215 | 1010 |
| St Louis Rams | 206 | 929 |
| Tampa Bay Buccaneers | 224 | 1053 |
| Tennessee Titans | 216 | 994 |
| Washington Redskins | 327 | 1538 |
Solutions
Expert Solution
I have answered the question below
Please up vote for the same and thanks!!!
Do reach out in the comments for any queries
Answer:
(A)
(B)
(C)
orchestra answered 1 year agoRelated Solutions
The following data show the annual revenue ($ millions) and the estimated team value ($ millions)...
The following data show the annual revenue ($ millions) and the
estimated team value ($ millions) for the 30 Major League Baseball
teams (Forbes website, January 16, 2014).
Team
Revenue ($ millions)
Value ($ millions)
Arizona Diamondbacks
195
584
Atlanta Braves
225
629
Baltimore Orioles
206
618
Boston Red Sox
336
1312
Chicago Cubs
274
1000
Chicago White Sox
216
692
Cincinnati Reds
202
546
Cleveland Indians
186
559
Colorado Rockies
199
537
Detroit Tigers
238
643
Houston Astros
196...
The following data show the annual revenue ($ millions) and the estimated team value ($ millions)...
The following data show the annual revenue ($ millions) and the
estimated team value ($ millions) for the 30 Major League Baseball
teams (Forbes website, January 16, 2014). Team Revenue ($ millions)
Value ($ millions) Arizona Diamondbacks 195 584 Atlanta Braves 225
629 Baltimore Orioles 206 618 Boston Red Sox 336 1312 Chicago Cubs
274 1000 Chicago White Sox 216 692 Cincinnati Reds 202 546
Cleveland Indians 186 559 Colorado Rockies 199 537 Detroit Tigers
238 643 Houston Astros 196...
The following data show the annual revenue ($ millions) and the estimated team value ($ millions)...
The following data show the annual revenue ($ millions) and the
estimated team value ($ millions) for the 30 Major League Baseball
teams (Forbes website, January 16, 2014).
Team
Revenue ($ millions)
Value ($ millions)
Arizona Diamondbacks
195
584
Atlanta Braves
225
629
Baltimore Orioles
206
618
Boston Red Sox
336
1312
Chicago Cubs
274
1000
Chicago White Sox
216
692
Cincinnati Reds
202
546
Cleveland Indians
186
559
Colorado Rockies
199
537
Detroit Tigers
238
643
Houston Astros
196...
Can annual sports team revenues be used to predict franchise values? Team Revenue ($mil) Value ($mil)...
Can annual sports team revenues be used to predict franchise
values?
Team Revenue ($mil) Value ($mil)
Team 1 552 2815
Team 2 677 3436
Team 3 372 1329
Team 4 625 3198
Team 5 557 1847
Team 6 313 691
Team 7 339 856
Team 8 354 849
Team 9 396 867
Team 10 219 483
Team 11 257 581
Team 12 225 514
Team 13 516 415
Team 14 203 348
Team 15 154 328
Team 16 176 327...
Can annual sports team revenues be used to predict franchise values? Team Revenue ($mil) Value ($mil)...
Can annual sports team revenues be used to predict franchise
values?
Team Revenue ($mil) Value ($mil)
Team 1 554 2806
Team 2 676 3437
Team 3 371 1333
Team 4 628 3202
Team 5 559 1852
Team 6 312 691
Team 7 342 858
Team 8 355 851
Team 9 394 869
Team 10 219 482
Team 11 258 579
Team 12 224 513
Team 13 516 414
Team 14 203 347
Team 15 156 329
Team 16 177 326...
Can annual sports team revenues be used to predict franchise values? Team Revenue ($mil) Value ($mil)...
Can annual sports team revenues be used to predict franchise
values?
Team Revenue ($mil) Value ($mil)
Team 1 552 2815
Team 2 677 3436
Team 3 372 1329
Team 4 625 3198
Team 5 557 1847
Team 6 313 691
Team 7 339 856
Team 8 354 849
Team 9 396 867
Team 10 219 483
Team 11 257 581
Team 12 225 514
Team 13 516 415
Team 14 203 348
Team 15 154 328
Team 16 176 327...
Distinguish between Revenues and Estimated Revenue. Illustrate the budget entry for Estimated Revenue. Use this information...
Distinguish between Revenues and Estimated Revenue. Illustrate
the budget entry for Estimated Revenue. Use this information to
book the entry. The city approved the revenue budget for the
following. Total Revenue $750,000 (Taxes $500,000 Inter government
Revenue $125,000, and Licenses and permits of $125,000).
This question is similar to question 2 but annual revenue is given and sale value is...
This question is similar to question 2 but annual revenue is
given and sale value is unknown:
Suppose you have to decide whether sell an old machine or keep it
with a major overhaul. You can:
A) Sell the machine at time zero for
X dollars with zero book value and paying the tax
of 40%.
B) Keep the machine, which requires a major
overhaul cost of $1,000,000 at time zero. The overhaul cost is
depreciable from time 0 to...
Data from 2010 & 2011, in millions (source: Billboard Magazine): Company Annual Revenue Market Valuation Spotify  
Data from 2010 & 2011, in millions (source: Billboard
Magazine):
Company
Annual Revenue Market Valuation
Spotify
145 3,000
Warner
Music 2,888
3,300
Live Nation
5,600
1,700
Pandora 241 1,300
EMI 1,800
1,900
3a) Find the correlation between annual revenue and market
valuation. Is it statistically significant?
3b) Why is the correlation between revenue and market valuation
so low?.
Hillside, Inc. BALANCE SHEET INCOME STATEMENT ($ in millions) ($ in millions) ASSETS LIABILITIES Revenue ...
Hillside,
Inc.
BALANCE SHEET
INCOME STATEMENT
($ in millions)
($ in millions)
ASSETS
LIABILITIES
Revenue
28,681.10
Cash & Marketable Securities
449.90
Accounts Payable
1,611.20
Cost Of Goods Sold
20,768.80
Accounts Receivable
954.80
Salaries Payable
225.20
Gross Profit
7,912.30
Inventories
3,645.20
Other Current Liabilities
1,118.80
Other Current Assets
116.60
Total Current Liabilities
2,955.20
Operating Expenses:
Total Current Assets
5,166.50
Selling, General & Admin.
5,980.80
Other Liabilities
693.40...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Basic guide to developing a research design ( Please provide EXAMPLES in terms to Politics !!)...
- A box of mass 1kg is placed on a vertical spring (k=1000N/m) and pushed down so...
- What is the theory behind GC and IR analysis?
- Question text Identify and Define Problems. Amanda has a co-worker, Sherry, who is vocal about political...
- Use R. Provide Solution and R Code within each problem. For this section use the dataset “PlantGrowth”,...
- Critically assess the threats to Volvo’s strategy and how such threats might be countered.
- "How vulnerable do you think your health is to environmental stressors? Do you think that your...
ADVERTISEMENT