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TABLE 15-9
Many factors determine the attendance at Major League Baseball games. These factors can include when the game is played, the weather, the opponent, whether or not the team is having a good season, and whether or not a marketing promotion is held. Data from 80 games of the Kansas City Royals for the following variables are collected.
ATTENDANCE = Paid attendance for the game
TEMP = High temperature for the day
WIN% = Team's winning percentage at the time of the game
OPWIN% = Opponent team's winning percentage at the time of the game WEEKEND - 1 if game played on Friday, Saturday or Sunday; 0 otherwise PROMOTION - 1 = if a promotion was held; 0 = if no promotion was held
The regression results using attendance as the dependent variable and the remaining five variables as the independent variables are presented below.
The coefficient of multiple determination ( R 2 j ) of each of the 5 predictors with all the other remaining predictors are,
respectively, 0.2675, 0.3101, 0.1038, 0.7325, and 0.7308.
-Referring to Table 15-9,_____ of the variation in ATTENDANCE can be explained by the five independent variables after taking into consideration the number of independent variables and the number of observations.
Legislation
Laws that have been enacted by a legislative body, such as a parliament or congress.
Physical Threats
Explicit or implicit actions suggesting the intent to cause bodily harm to another person.
Collection Agency
A business that pursues payments of debts owed by individuals or businesses on behalf of creditors.
Demand for Payment
A formal request made by a creditor to a debtor requiring the latter to pay an outstanding debt by a specified deadline.
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