106k views
0 votes
Use this regression model to predict the mean roster salary for a team that won 10 games last year.

Use this regression model to predict the mean roster salary for a team that won 10 games-example-1
User Webwelten
by
7.9k points

1 Answer

5 votes

The predicted mean roster salary for a team that won 10 games last year is $102.52 million.

The regression model relating team wins in the previous season (x) to team roster salary (y, in millions of dollars) is given as:

y=1.24x+90.12

To predict the mean roster salary for a team that won 10 games last year, we can substitute x = 10 into the regression model and solve for y:

y=1.24(10)+90.12

y=12.4+90.12

y=102.52

Therefore, the predicted mean roster salary for a team that won 10 games last year is $102.52 million.

User Heapzero
by
7.9k points