# Statistics Works | Homework Help Websites

All datasets used in the problem set can be located at: Blackboard Problems Set 4 Post

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a)  Perform for all data sets: BBValues, NBAValues, SoccerValues:

i) Construct a scatter plot and correlation coefficient between annual revenue and value across teams.

ii) Use an Ordinary Least Squares regression model to estimate coefficients for b0 and b1.

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iii) Express your results in functional equation form using the equation building tool in Word.

iv) Interpret the coefficients and how they relate to the idea: valuation of a sports team is directly related to, or explained by, the amount of revenues generated.

v) Interpret R2 in relationship to goodness of fit of the model.

vi) Perform a residual analysis, do the data violate assumptions of the model?

(1) Include residual plots, fitted plots, and normality plots.

vii) Interpret the p-values (t-test) and confidence interval estimates.

viii) Write a paragraph describing your findings across variables.

(1) Describe any generalizations that exist across datasets, any overall trends observed.

For calculation reference, the Excel also has to be submitted.

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