Major League Baseball Values-Case Study

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Information about Major League Baseball Values-Case Study
Business & Mgmt

Published on March 10, 2014

Author: DarshitPaun1

Source: slideshare.net

Description

Quantitative Management, Factor Analysis, ANOVA Analysis

CASE STUDY Presented by Group 10 Darshit Paun 20131010 Manit Brahmbhatt 20131020 Nisarg Shah 20131030 Raman Shahi 20131040 Shirshendu Mandal 20131050 Vishant Saini 20131060 Submitted to Prof. Manish Thaker QUANTITATIVE MANAGEMENT II

Value Revenue Income Chart 800 700 600 500 400 300 200 100 0 -100 Value Revenue Income

Value Mean 286.3 Median 266.5 Mode Standard Deviation 129.76187 Variance 16838.143 Minimum 108 Maximum 730 Revenue Income 119.4333 2.473333 118.5 3.85 108 9.5 33.05922 10.67339 1130.599 117.8496 63 -29.6 215 18.8

VALUE-INCOME 30 20 10 0 0 -10 -20 -30 -40 100 200 300 400 500 600 700 800

Regression Statistics Multiple R 0.185700218 R Square 0.034484571 Adjusted R Square 1.87691E-06 Standard Error 131.9800601 Observations 30

VALUE-INCOME (POSITIVE) 20 18 16 14 12 10 8 6 4 2 0 0 100 200 300 400 500 600 700 800

Regression Statistics Multiple R 0.534292835 R Square 0.285468833 Adjusted R Square 0.243437588 Standard Error 87.37173983 Observations 19

VALUE-REVENUE 250 200 150 100 50 0 0 100 200 300 400 500 600 700 800

Regression Statistics Multiple R 0.964709535 R Square 0.930664486 Adjusted R Square Standard Error Observations 0.928188218 35.36768078 30

• Value-Income relationship is not significant. • It appears that value is the strongest predictor of revenue. • There is a significant relationship between value and income if the teams incurring losses are ignored from our analysis. • The relationship between value and revenue is significant.

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