The Partial Megastat Output Below Is Regression Analysis of the Relationship

question 76

Multiple Choice

The partial megastat output below is regression analysis of the relationship between annual payroll and number of wins in a season for 28 teams in professional sports. The purpose of the analysis
Is to predict the number of wins when given an annual payroll in $millions. Although technically not a sample, the baseball data below will be treated as a convenience sample of all major league professional sports. Refer to the printout above. The critical value of t, at the 5% level of significance, for testing the coefficient of correlation is:

• A) 1.314
• B) 1.706
• C) 1.061
• D) 1.703
• E) 2.042

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