In 2001,the Arizona Diamondbacks Defeated the New York Yankees in the Baseball

question 54

Essay

In 2001,the Arizona Diamondbacks defeated the New York Yankees in the Baseball World Series in 7 games.Some players,such as Bautista and Finley for the Diamondbacks,had a substantially higher batting average during the World Series than during the regular season.Others,such as Brosius and Jeter for the Yankees,did substantially poorer.You set out to investigate whether or not the regular season batting average is a good indicator for the World Series batting average.The results for 11 players who had the most at bats for the two teams are: = -0.347 + 2.290 AZSeasavg ,R2=0.11,SER = 0.145, = 0.134 + 0.136 NYSeasavg ,R2=0.001,SER = 0.092,
where Wsavg and Seasavg indicate the batting average during the World Series and the regular season respectively.
(a)Focusing on the coefficients first,what is your interpretation?
(b)What can you say about the explanatory power of your equation? What do you conclude from this?

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Definitions:

Article 9

A provision under the Uniform Commercial Code (UCC) dealing with secured transactions in personal property, where a creditor has a security interest in the debtor's property.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, intended to standardize regulations across the states.

Consideration

A concept in contract law that involves something of value exchanged between parties as part of an agreement.

Subrogation

The legal right held by insurers to pursue a third party that caused an insurance loss to the insured.