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Regression analysis for base ball data set

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The hypothesis statement is that there is a relationship between league salaries and the number of wins. Perform a regression hypothesis test on the data - with graphs and tables in Excel. Interpret the results of the regression hypothesis test.

I am attaching a spreadsheet with the data sets that contain the wins and the salary information. I would like you to perform the regression hypo test in Excel using tabular and graphical explanations so I can understand the formulas. When you interpret the results of the regression hypo test, I would like you to explain in detail so I will be able to draft a paper from the data as I understand it. Thanks in advance for your help.

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This solution provides a step by step method for the calculation of a regression model for base ball data set. Formula for the calculation and Interpretations of the results are also included.

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The general form of simple linear regression is Y= a + bX. Where Y is the dependent variable and X is the independent variable. a and b are known as the regression coefficients .They are ...

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