Regression Basics Tobias Econ 472
Baseball Example As a baseball fan (?) you want to investigate the relationship between team ERA and number of wins in a given season. You have a sample of 30 observations from the 2001 season. (Arizona beat the Yankees in the World Series in 2001). The scatterplot of data is provided in the following graph. Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472
Tobias Econ 472