The information above is from the multiple regression analysis computer output for 28 teams in Major League Baseball. The model is designed to predict wins using attendance, payroll, batting average, home runs, stolen bases, errors, and team ERA. Predict the number of wins for a team with:
BATAVG = 0.260 HOMERUNS = 150 ERA = 3
STOLENBASE = 100 ERROR = 100
PAYROLL = 25(million) ATTENDANCE = 3(million)
Definitions:
Dividend Payable
Liability showing amount of cash dividend owed.
Stock Split
Issuing of additional shares of stock to stockholders; total par or stated value remains the same.
Par Value
The face value of a bond or stock, representing the amount to be returned to the bondholder at maturity or the value assigned to a share of stock for accounting purposes.
Stock Split
A corporate action to increase the number of shares, reducing the price per share correspondingly without changing the market capitalization.
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