An avid football fan was in the process of examining the factors that determine the success or failure of football teams. He noticed that teams with many rookies and teams with many veterans seem to do quite poorly. To further analyse his beliefs, he took a random sample of 20 teams and proposed a second-order model with one independent variable. The selected model is: .
where
y = winning team's percentage.
x = average years of professional experience.
The computer output is shown below:
THE REGRESSION EQUATION IS: S = 16.1 R-Sq = 43.9%.
ANALYSIS OF VARIANCE What is the coefficient of determination? Explain what this statistic tells you about the model.
Correct Answer:
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