What is the residual for that team?, statistics assignment help
What is the residual for that team?, statistics assignment help
An author of a book discusses how statistics can be used to judge both a baseball player’s potential and a team’s ability to win games. One aspect of this analysis is that a team’s on-base percentage is the best predictor of winning percentage. The on-base percentage is the proportion of time a player reaches a base. For example, an on-base percentage of 0.3 would mean the player safely reaches bases 3 times out of 10, on average. For a certain baseball season, winning percentage, y, and on-base percentage, x, are linearly related by the least-squares regression equation ^y = 2.96x – 0.4875. Complete parts (a) through (d).
A certain team had an on-base percentage of 0.322 and a winning percentage of 0.548. What is the residual for that team? How would you interpret this residual?
The residual for the team is __
(Round to four decimal places as needed.)
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