A professional sports league has found that the regression model relating team wins (x) to team...
A professional sports league has found that the regression model relating team wins (x) to team roster salary (y, in millions of dollars) is yˆ=1.24x+90.12.y^=1.24x+90.12. Select the proper interpretation for the y-intercept.
| When y = 0, the regression line crosses the x-axis at x = 90.12 (million). | |
| Every team with zero wins will have a roster salary of $90.12 (million). | |
| When x = 0, the regression line crosses the y-axis at y = 90.12 (million). | |
| When x = 0, the regression line crosses the y-axis at y = 1.24 (million). |
Homework Answers
y^=1.24x+90.12
y intercept = 90.12
Every team with zero wins will have a roster salary of $90.12 (million).
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