Q 24: From past NBA games, an economist looks at points scored by your team and points scored by your opponent. He estimates the following regression equation: ππ^=0.437+0.027πππππ‘π ππππππππ€πππππβ0.0257πππππ‘π πππππππππππ ππ‘πππππ. Where ππ^ is winning percentage. If your team scored 108 and your opponent scored 90 points, what is the estimated winning percentage?
What is the answer for Q25: Refer to Question 24, suppose that t-stats on the coefficient of "Points Scored Own" is 2.6, and the t-stats on the coefficient of "Points Scored by Opponent" is 1.02. Based on these values, we should:
1. Keep both "Points Scored Own" and "points Scored by Opponent" variables
2. Remove the "Points Scored Own" variable and keep the "Points Scored by Opponent" variable
3. Keep "Points Scored Own" variable and remove "Points Scored by Opponent" variable
4. Remove both "Points Scored Own" and "Points Scored by Opponent" variables 5. It depends on R^2 Value
Q 24: From past NBA games, an economist looks at points scored by your team and points scored by your opponent. He estim
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