(Answered) One can find online the amount each nhl team spent on

Statistics

One can find online the amount each NHL team spent on players (in millions of dollars) for the 2011-12 NHL season and the total points each team earned by the end of the season. Figure 7.4, below, is a scatterplot of points earned against spending.

The equation of the least-squares regression line for predicting points earned from spending is

points = 66.5 + 0.43 x spending

Use the regression equation to predict the points earned if a team spent $50 million.

66.5

88.0

3325.4

21.5

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