BUS140 Statistics Assignment Soccer Franchises (2)

BUS140 Statistics Assignment. Semester 2, 2021. Due: Sunday 24th October, midnight. Can you use the annual revenues generated by European soccer teams to predict franchise values? The data file Soccer Values accessed via LMS under Assessments, contains European soccer team values and revenues (in $millions). What conclusions can you reach about the Franchise Values of European Soccer teams and Annual Revenues (in $millions)? Write a report to interested stakeholders summarising your conclusions. For the ‘Annual Revenues’ and the ‘Franchise Values’: (a) Construct Histograms for each. (b) Construct Boxplots for each. (c) Compute Summary Statistics for each. (d) Create a scatter plot for the ‘Annual Revenues’ and the ‘Franchise Values’. (e) Assuming a linear relationship, compute the regression coefficients bo and b1. (f) Interpret the meaning of the y intercept, bo, and the slope, b1, in this problem. (g) Predict the mean value of a franchise that generates $150 million of annual revenue. This study source was downloaded by from CourseH on :06:18 GMT -06:00 (h) Compute the Coefficient of Determination, r2 , for the ‘Annual Revenues’ and the ‘Franchise Values’ and interpret its meaning. (i) Perform a residual analysis on your results and evaluate the regression assumptions. You must include all Excel results for this data as part of the justification for your conclusions. (Include them within the appropriate section – not at the end of your document.) Your assignment must be submitted as a single word document via LMS. (Based on Question 12.83 in Levine et al (2020)) Further comments: Your completed assignment needs to include the following components:  An Introduction, where the key aspects of this topic are fully discussed. (This discussion should be referenced using the Chicago referencing method)  The Body of your assignment, where all of your findings are presented. (This should include relevant Excel results, graphs, tables…) Each of the pieces of information that are included need to be d