Math108x Document w10GroupAssignment
Math108x Document w10GroupAssignment
They
want to predict which teams will win based on the team payroll.
They assume that better payers earn more money. Therefore they
believe that teams with high payrolls are more likely to win. They
want to use data to see if their belief is valid. They plan to create a
trendline to predict winning percentage based on total payroll.
Determine the input and output variables for this situation:
Billy and Brad find the following data for the last few years for Major
League Baseball teams in the United States.
Create a scatterplot of the data. Then determine which type of
trendline is most appropriate for this data. Add the trendline to your
scatterplot.
Follow this link to the textbook to review steps for creating a trendline in Excel:
http://www.byuimath.com/math108x/Lesson10.html#excel_instructions_-_trendlines
Billy's favorite team is the Oakland A's. In 2018, the Oakland A's
payroll was a total of $50.7 million. Brad's favorite team is the New
York Yankees. In 2018, the Yankee's payroll was a total of $158.5
million. Use your trendline to predict the winning percentage for
each team.
Billy's favorite team is the Oakland A's. In 2018, the Oakland A's
payroll was a total of $50.7 million. Brad's favorite team is the New
York Yankees. In 2018, the Yankee's payroll was a total of $158.5
million. Use your trendline to predict the winning percentage for
each team.
92.44 78.33 10
0
0 50 100
Payroll
30
20
10
88.62 85.33 0
0 50 100
83.43 69.00
80.10 78.00 Payroll
73.72 82.67
73.22 75.33
70.97 82.67
70.83 80.00
68.22 81.33
67.66 85.00
67.28 87.67
64.74 80.00
61.01 68.67
56.81 67.67
48.52 67.33
39.76 74.67
27.07 77.67
h
e
eir
References:
Win Percentage
100
f(x) = 0.131817335115894 x + 69.1332018402677
90
80
70
60
50
40
30
20
10
0
0 50 100 150 200 250
Payroll
30
20
10
0
0 50 100 150 200 250
Payroll
www.sportrac.com/mlb
seanlahman.com/baseball-archive/statistics
Juanita sells cars for a car dealership. Her pay is based on the number of cars she
sells each month. She wants to take a couple of weeks off for vacation and wants
to find the month when car sales will be slowest.
Juanita assumes that the number of cars she sells per month will follow the same
trend as national car sales. She wants to create a trendline to predict the number
of car sales based on the month. She also assumes that this year's sales will be
similar to last year's sales.
Determine the input and output variables for this situation:
Juanita finds this data for the number of car sales for March through February of
last year.
Create a scatterplot of the data. Then determine which type of trendline is most
appropriate for this data. Add the trendline to your scatterplot.
Follow this link to the textbook to review steps for creating a trendline in Excel:
http://www.byuimath.com/math108x/Lesson10.html#excel_instructions_-_trendlines
The vertex of the parabola shows Juanita the month with the lowest car sales. Use
the formula x = -b/(2a) to find the x-coordinate of the vertex of the parabola
(round to the nearest hundreth).
x = 4.84
Use the table on the right to see which month corresponds to the x-coordinate of
the vertex. When should Juanita take her vacation? Hint: Consider what the decimal
means when choosing a month
Juanita must take her vacation in June because that is the lowest
month in sales, the decimal indicates that around July sales growth
begins again. But even so, where the lowest point is, it is still June.
She must choose the last weeks of June because there is the lowest
point.
What other things should Juanita consider, other than potential car sales, when
deciding the month for her vacation?
ation:
215000
5 200303
6 200100 210000
Total
190000
185000
1 2 3 4 5
Month
5804.04
advantage of her
ere is nothing she can
ly or early June.
ype of car sold,
to the time.
advantage of her
ere is nothing she can
ly or early June.
ype of car sold,
to the time.
t Scatterplot here
215000
210000
205000
200000
195000
190000
185000
1 2 3 4 5 6 7 8 9 10 11 12
Month Number
Total 195000
190000
185000
1 2 3 4 5 6 7 8 9 10 11 12
Month Number
References: https://www.census.gov/retail/index.html
James lives in Portland Oregon and has a microfiber couch he wants to sell. James
plans on using the money to buy a new computer that costs $1150. He currently
has $500 saved to purchase a new computer. James needs to determine whether
he will get enough money from the sale of his couch to purchase the new
computer.
First, estimate the quality of James's couch using a scale of 1-10, 10 being best. Complete a web
search of prices of used couches in Portland, Oregon. Use a website like Craigslist to complete
the search. Without thinking about the price, record your take on the quality of the couch using a
scale of 1-10, 10 being best. After judging the quality of the sofa record the price of the sofa.
Once you've gathered data on 15 couches and have filled out the table to the right.
Create a scatterplot of the data. Then determine which type of trendline is most appropriate for
this data. Add the trendline to your scatterplot.
Follow this link to the textbook to review steps for creating a trendline in Excel:
http://www.byuimath.com/math108x/Lesson10.html#excel_instructions_-_trendlines
Use your trendline to predict the sale price of James' sofa, based on its quality.
What sale price should James list in his advertisement? What price did you
calculate from your equation? And what price would you suggest? Does it appear
he will get enough money from the sale of the couch to pay for the laptop?
How did you decide which type of trendline to use? How strong was the pattern in
your data? Why does the strengh of the trendline matter? Should the strengh of
the trendline affect James' decision?
How did you decide which type of trendline to use? How strong was the pattern in
your data? Why does the strengh of the trendline matter? Should the strengh of
the trendline affect James' decision?
f(x) = 4.1972175549042 e
50
0
4 5 6
150
100
10 40
f(x) = 4.1972175549042 e
9 60 50
8 25
structions_-_trendlines 7 180 0
4 5 6
10 75
10 50
6 150
72e0.92x
t Scatterplot here
Chart Title
5 6 7 8 9 10 11
f(x) = 4.1972175549042 exp( 0.291972765352033 x )
5 6 7 8 9 10 11
This week, we will be completing our final case stud
choose your own data for a trendline evaluation. Th
Study requires two submissions: (1) a first draft, wi
due Thursday, and (2) the final copy, with steps 1-5
Saturday.