Question 1 4 pts For each of the following studies, select the appropriate metho

Question

Question 1 4 pts For each of the following studies, select the appropriate method of analyzing the data. An arbitrator is trying to determine what value a football wide receiver has to his NFL football team in contract negotiations. He takes a look at three variables (length of service in the league, number of catches, and yards per catch) of wide receivers league-wide to see if there is any relationship between these variables and their annual salaries O A regression analysis predicting average salary using length of service, number of catches and yards per catch as independent variables. O At-test comparing the population mean salary of this wide receiver to the mean salary of other wide receivers in the league. O A chi-square analysis of the independent factors. O A confidence interval for the mean salary of all wide receivers in the league. O Analysis of variance (ANOVA), with a single factor at 3 levels.

Explanation / Answer

Here we need to find relationship between length of service, number of catches and yards per catch.

As we known in regression analysis we find the reation between a dependent variable and a independent variables and also to predict the value of dependent variable based on regression equation. For more than one independent variable we use multiple regression analysis which is also part of regression analysis.

Hence here answer is

A regression analysis predicting average salary using length of service, number of catches and yards per catch as independent variables.

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