Question

In: Math

Perform a linear correlation study on the highest paid basketball players for the 2018-19 season. What...

Perform a linear correlation study on the highest paid basketball players for the 2018-19 season. What is the correlation between the average points they score per game and their salary?

Players

Points (x)

Pay ( Million) (y)

Stephen Curry

27.3

37.5

LeBron James

27.4

35.6

Chris Paul

15.6

35.6

Russell Westbrook

22.9

35.6

Blake Griffin

24.5

32.1

Gordon Hayward

11.5

31.2

Kyle Lowry

14.2

31.2

Paul George

28.0

30.6

Mike Conley

21.1

30.5

James Harden

36.1

30.4

Kevin Durant

26

30.0

Paul Millsap

12.6

29.2

Al Horford

13.6

28.9

Damien Lilard

25.8

28.0

DeMar DeRozan

21.2

27.7

Otto Parker

13.9

26.0

Jrue Holiday

21.2

26.0

C.J. McCollum

21.0

25.7

Joel Embiid

27.5

25.5

Andrew Wiggins

18.1

25.5

1) what is the linear regression equation and line and interpret the slope and y-intercept

2) Find the correlation coefficient of the data and interpret the correlation coefficient

3) Summarize the statistical results

Solutions

Expert Solution


3.

From AVOVA table we see that p-value is very large >0.05, so x and y are not linearly related.


Related Solutions

What is a) the highest possible correlation coefficient? b) The lowest? c) What does a correlation...
What is a) the highest possible correlation coefficient? b) The lowest? c) What does a correlation coefficient of -1.0 mean? d) What does a correlation coefficient of 0 mean? Please Show Steps.
The salaries received in 2018 by the some of the highest paid executives of 14 international...
The salaries received in 2018 by the some of the highest paid executives of 14 international companies (in $000s) are as follows: 2411, 1889, 1520, 1260, 980, 956, 947, 924, 899, 870, 856, 655, 700, 720 Compute the mean, median, range, variance, and standard deviation for these sample data. Discuss which of these three measures of variability (range, variance, and standard deviation) you would prefer to use as a measure of variation. Comment on the skewness of the distribution of...
A study is done to decide if there is a linear correlation between BMI (body mass...
A study is done to decide if there is a linear correlation between BMI (body mass index) and pulse rates. A sample of 12 patients have their BMI and pulse rate recorded and a correlation coefficient of 0.852 is calculated. Which of the following statements is the correct conclusion and justification? Group of answer choices There is not a linear correlation between BMI and pulse rates, since 0.852 < 0.878. There is not a linear correlation between BMI and pulse...
What is a simple linear regression model?   What does the value of the linear correlation coefficient...
What is a simple linear regression model?   What does the value of the linear correlation coefficient tell us? Please type the answer as I have diffculties understanding handwritten answers. Thanks.
Practice Study Guide Questions 1) Independent random samples of professional football and basketball players gave the...
Practice Study Guide Questions 1) Independent random samples of professional football and basketball players gave the following information. Assume that the weight distributions are mound-shaped and symmetric. Weights (in lb) of pro football players: x1; n1 = 21 245 263 254 251 244 276 240 265 257 252 282 256 250 264 270 275 245 275 253 265 271 Weights (in lb) of pro basketball players: x2; n2 = 19 205 200 220 210 191 215 222 216 228 207...
Our societal values: do taller basketball players get better paid? Consider the data set labeled NBA...
Our societal values: do taller basketball players get better paid? Consider the data set labeled NBA 2008-2009 Data. (a) Select 25 basketball players (use random.org as explained in Problem 2), and record their heights and annual salary in two columns. Display your data values. There should be 25 data values in each column. Player # Height Annual salary 13 81 $10,000,000 21 73 $2,700,000 49 84 $711,517 53 83 $2,295,480 57 77 $1,931,160 79 80 $1,600,000 83 76 $21,372,000 121...
What is the formula for the linear correlation coefficient? Write it again with the x and...
What is the formula for the linear correlation coefficient? Write it again with the x and y switch. What does this tell us about the formula? Give an example of a 2 way Anova problem presented in chart form. Explain the chart.
Do you think U.S. women's soccer players should be paid the same as male players? What...
Do you think U.S. women's soccer players should be paid the same as male players? What information will you need to help defend your arguments from a financial perspective
You are required to perform a comparative RC short column design study according to ACI 318-19...
You are required to perform a comparative RC short column design study according to ACI 318-19 using the following information: service dead load = 800 kips, service live load = 600 kips, concrete strength = 5 ksi, steel reinforcement yield strength= 60 ksi. 1. Design a rectangular tied column the can support the given loads safely and adequately. The column width is 25 inches. Sketch reinforcement in cross-section. 2. Design a circular tied column the can support the given load...
What is the purpose of Linear Regression? How does it differ from basic correlation? When is...
What is the purpose of Linear Regression? How does it differ from basic correlation? When is it appropriate for use? Describe a study for which you would use Linear Regression for statistical analysis.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT