...of regression analysis is to find out the values of parameters for a purpose that cause the purpose to best fit a set of selected data observations. The description of this linear regression test will be explained and analyzed in the paper. The data collected for various teams will help comparing the numbers with the anticipation of getting a reliable and comparable hypothesis test answer. Having enough data will give the test a fare chance to show the results needed for a positive outcome. Conclusion In finishing the regression analyses, team D can conclude that there seems to be a linear relationship between the salary affect of the performance players based on the win and losses. Team D formulated both verbal and numerical hypothesis statements on the salaries of Major League Baseball players. In addition to using the regression hypothesis test linear, the Team also studies the data given by the Major League Baseball player’s data. This analysis confirms that the mean salary for Major League Baseball players is considerably correlated to the team wins. The sample mean of team salaries and the sample mean of wins of our data set are prime variables. Using regression analysis played an important role in helping us answer the research question of if the salary of Major League Baseball players is connected to the wins of Major League Baseball teams. Reference Doane, D., & Seward, L. (2007). Applied Statistics in Business and Economics. Burr Ridge, IL: McGraw-Hill. ...
Words: 303 - Pages: 2
...MLB’s Return on Investment University of Phoenix RES341: Research and Evaluation I May 10, 2010 MLB’s Return of Investment In 1842, organized baseball, now known as Major League Baseball (MLB), was created (Haupert, 2007). Since then, the industry has grown tremendously as a business enterprise and as many Americans’ favorite pastime. With its popularity, several controversial issues have arisen over the last few decades in regards to players’ salaries and imbalance of competition. From 1975 to 2002, the average MLB players’ salaries increased 5200% (Haupert, 2007) and competition concerns have been addressed by developing the luxury tax and revenue sharing throughout the industry (DeMause, 2006). To investigate these issues further, Team D is studying the relationship between MLB players’ salary, team wins, attendance and market. At the end of the research process, Team D anticipates reaching a valid conclusion to determine whether higher salaries (investment) are justified by increased attendance (return), and if there is a large inequality between large and small markets. Research Objectives The objective of this study is to determine the return of investment (attendance) on the salary structures present in MLB teams and if there is a disparity between “large” and “small” market teams in providing a successful product. The investigation will focus on the relationship between salaries, wins, attendance, and market sizes of MLB teams. Throughout...
Words: 2564 - Pages: 11
...Abstract This research explores the challenge of rating fan satisfaction based on the affects of walk up music used during triple-A minor league baseball games. Minor league baseball has always been associated with family entertainment, and game enhancements, such as walk-up music for players, have been utilized to increase overall fan satisfaction. Walk-up music is a short clip of music that is played as a player approaches the batter’s box or the pitcher’s mound. 30 triple-A minor league teams were contacted and were questioned about their policies regarding their use of walk-up music during games. Using qualitative collection methods, this research primarily focuses on the reasoning behind front office decisions to allow players to select their own walk-up music that will utilized during home games. Information gained through a survey that was conducted during the interviews of 30 triple-A minor league baseball teams will add useful insight to future investigations that are focused on the affects of walk-up music at the minor league baseball level as well other levels of competition. Though trying to rule out extraneous variables that may affect fan satisfaction will be difficult, the investigators believe that the information gained will be beneficial to future researchers, and will hopefully be a foundation to more extensive research on the affects of music in correlation to fan satisfaction. Introduction One of the most important advances in consumer research is...
Words: 3157 - Pages: 13
...fans that attend each major league game would be a nearly impossible task. Therefore, the approach of sampling a portion of the population was used to accurately identify all elements that could possibly affect the issue and then list them in a Data Set (Illustration A). The Data Set consists of thirty (30) Major League Baseball (MLB) teams and lists them by names, each team’s salary, annual attendance for each team, winning, and size capacity of each stadium. The probability sampling design in this research study allows each of the elements to be weighed and ranked to identify the team that leads in a specific area or ranks last in a specific area. This sampling size is appropriate because it uses the entire attendance population. The particular design chosen to represent the data is a proportionate stratified random sampling because each team’s characteristics can be evenly used and accurately compared among the other teams; therefore, identifying what segment contributes to the team’s successful winning record To collect accurate data Team A collected data on wins, season attendance, attendance to wins, number of home games, and season attendance to max attendance in the league. Please see below graphical formats. Primary data collection methods in this particular research would be difficult as to collect accurate data we would have to interview teams, attend games, and conduct surveys or questionnaires. Team A has relied on data that has been collected...
Words: 358 - Pages: 2
...Two Sample Hypothesis Paper Hypothesis testing for Team C using the data set of Major League Baseball (Lind, Marchal, & Wathen, p 730, 2008) was chosen because of its availability of data such as major league baseball player’s salaries and wins. The team has determined a hypothesis statement, from which the research was formulated around. The team then formulated numerical charts and verbal statements regarding the issue being researched as well as performed the five-step hypothesis test utilizing the data set information that we have. The steps that the team used were to first formulate a testable hypothesis, design the experiment, collect the data and make a decision. (Doane & Seward, 2007). The focus of this paper is to determine if the salary of players is a significant predictor of the number of wins that a team can expect to have. We will do this by means of regression analysis. When attempting to understand the relationship between the salaries earned by Major League baseball teams and the number of wins each team has, regression analysis of the two variables was used. In particular, we will test the hypothesis that the slope of the regression line is zero or not. If the slope is zero, then salary is not a useful predictor of the number of wins for a team. On the other hand, if the slope is non-zero, then salary is a useful predictor of wins. We conduct this test by means of an ANOVA table in which the salary is treated as a covariate. This is done by...
Words: 1386 - Pages: 6
...Sabermetrics? Sabermetrics is the mathematical and statistical analysis of baseball records. To understand the field of sabermetrics, one first should be familiar with the game of baseball. This sport is one of the most popular games in the United States; it is often called the {\it national pastime}. Baseball began in the eastern United States in the mid-1800's. Professional baseball started near the end of the 18th century; the National League was founded in 1876 and the American League in 1900. Currently in the United States, there are 28 professional teams in the American and National Leagues and millions of people watch games in ballparks and on television. The game of baseball The game of baseball is played between two teams, each consisting of nine players. The nine players are a pitcher, a catcher, first baseman, second baseman, shortstop, third baseman, left fielder, center fielder and right fielder. A game of baseball consists of nine innings. One inning is divided into two halves; in the top half of the inning, one team plays in the field and the second team comes to bat, and in the bottom half, the teams reverse roles. The team that is batting during a particular half-inning is trying to score runs. The team with the higher number of runs at the end of the nine innings is the winner of the game. During an inning, a player on the team in the field, called a pitcher, throws a baseball toward a player of the team at-bat, called the batter. The batter will try to...
Words: 2853 - Pages: 12
...Business Problem The goal for every firm is to increase earnings, and it is no different for Major League Baseball (MLB) teams. A Major League Baseball team can reasonably expect to make the most money when they win more games due to more advertising sales, merchandise sales, etc. as a team becomes more popular. However, the way in which to increase winning percentage of a team has always been highly debated. Some of the most popular opinions on how to do this have been to: 1) increase a team’s payroll, 2) decrease the age of the team by signing younger players, and 3) increase attendance at baseball games. First, since MLB does not have a salary cap, some teams focus on the aspect of having a large team payroll to acquire more talented players. Many people, such as economist Dr. Gerald Scully, believe this to be one reason why large market teams such as the LA Dodgers and NY Yankees always perform above average. He states, “How good a professional sports team is depends, of course, on the quality of its players. Because teams compete for better players by offering higher salaries, the quality of a team depends largely on how strong it is financially. The financially stronger teams will, on average, be the better teams. And they will also, on average, be the ones in bigger cities, because more revenues can be made in bigger cities.” (Scully) Second, some teams will acquire younger, up-and-coming players, in the belief that these players are in their prime and may be less prone...
Words: 1464 - Pages: 6
...Sabrmetrics Sabrmetrics Bill Stewart English Composition – ENG115 April 14, 2010 It has been said many times over that numbers do not lie but they also do not tell the entire story. Baseball is a game that has always been based in numbers and statistics. Now current baseball people, historians, authors, general managers use a new math termed "sabrmetrics" to determine the worth of a player, monetarily and statistically. No longer are statistics viewed as simple as numbers on the back of a bubble gum card. These mathematical equations are being used in business for general purposes, as well as human resources purposes and is now taught in collegiate universities. (Costa 2001) Sabrmetrics is a new way to look at people, players, statistics and to try to predict the futures. The name is taken from the combination of the acronym SABR (Society of American Baseball Research) and "metrics" meaning "measurement". (Albert 1994) Most business leaders are using 20th century metrics to create 21st century success. Business leaders were taught to "manage what we can measure" and, generally, what's most easily measurable are the more tangible aspects of life. In business, this translates to metrics like profitability and cash flow. Like baseball, businesses rely on numbers. (Bradbury 2007) Sabrmetrics can help a company in developing the right performance measures and monitoring tools for different scenarios and then allocate resources optimally to bolster...
Words: 1257 - Pages: 6
...Survey Paper The amount of experience, skills and the amount of success a player has in baseball may determine each player's salary in the major league baseball. This survey will help determine whether a players skills along with the team's consistency to win has an effect on being offered a higher salary versus the other teams in the MLB. This survey will be used as a tool that is designed to have survey-takers contribute opinions and suggestions so that a collection of data can be reviewed to determine whether the survey-takers are in agreement with the factors mentioned above is the result to higher salaries in the MLB. Specific variables will be used in the survey questions and the results will show how effective each question within the survey is. There will also be ethically constructed questions to assure there is a good quality survey. The Purpose The main purpose of the survey is to increase knowledge in whether higher paid salaries in the MLB correlates and has a relationship with a player's skills and the number of wins accomplished by the team. Arrangement and structure of the survey will provide a vast amount of information for survey takers as well as for the surver creator. The survey creator will gather knowledge along with important information on the survey takers opinions on this matter as well as ways to improve the effectiveness of the survey. Design This survey will contain 10 questions to help the creator of the survey, have a better understanding...
Words: 994 - Pages: 4
...Mail Us At JOHNMATE1122@GMAIL.COM MATH 221 Homework Week 1 1. Determine whether the data set is a population or a sample. Explain your reasoning. The age of each resident in an apartment building. Choose the correct answer below. 1. Population, because it is a collection of ages for all people in the apartment building. 2. Sample, because it is a collection of ages for all people in the apartment building, but there are other apartment buildings 3. Population, because it is a subset of all apartment buildings in the city. 4. Sample, because it is a collection of ages for some people in the apartment building. 1. Determine whether the data set is a population or a sample. Explain your reasoning. The salary of each baseball player in a league Choose the correct answer below 1. Sample, because it is a collection of salaries for some baseball players in the league 2. Sample, because it is a collection of salaries for all baseball players in the league, but there are other sports 3. Population, because it is a collection of salaries for all baseball players in the league 4. Population, because it is a subset of all athletes 2. Determine whether the underlined value is a parameter or a statistic. The average age of men who have walked on the moon was 39 years, 11 months, 15 days. Is the value a parameter or a statistic? Parameter Statistic 2 Determine whether the data set is a population or a sample. Explain your reasoning. The number of pets for 20 households...
Words: 3015 - Pages: 13
...A Proposal for The Construction of a Baseball Field Simon Karuku Reach me via: simonessaywriter@gmail.com if you need essay writing services Contents Introduction 4 Identification and Analysis of a Specific Need 4 What is the problem or need/s? 4 How long has the problem existed? 5 Is the problem considered an emergency? 5 If the problem is episodic or recurring, how often does it occur? 6 What is the etiology of the problem? 6 What is the cause-and-effect relationship? 7 Who first recognized the problem? 7 Multi-perspectives on the problem? 8 Who is involved in promoting the proposed change, and how are they perceived? 8 Who can serve as effective spokespersons for the proposed change? 9 Has anyone tried to address the problem and what happened? 10 Identification and analysis of a specific target population. 10 Identification and analysis of sponsor/s 11 Identification and analysis of interventions and resources 11 Goal for the Intervention. 11 What anticipated costs related to the proposed change can be itemized? 12 What will this problem cost the organization or community if nothing is done? 12 Identification and Analysis of Objectives or Action Steps 13 Timeline of the interventions, objectives and tasks 13 Conclusion 14 A Proposal for The Construction of a Baseball Field Introduction There is an ever growing need for recreational facilities. The creation of this amenities will help build the community and individual successes....
Words: 3810 - Pages: 16
...success of a major league baseball player is dependent not on their ability to score runs and win games but on a subjective collection of characteristics and misleading statistics seems preposterous. But as illustrated by Michael Lewis’ Moneyball, this seems to be how most major league baseball players have been scouted for decades. In Richard Thaler’s review of the bestselling novel, he explores how the common mistakes made by most scouts when making decisions are not unique to the sport of baseball. An overarching belief in baseball is that experts accurately predict the success of a player. It seems traditional baseball scouting has developed specific heuristics to decide which players to draft. But this scouting method can be subject to biases when not used properly as each expert has his/her own biases which, if not carefully checked, can color their decisions in subtle ways. As Thaler notes, many player were simply ignored because “they did not match up with the scouts' mental prototype of a successful ballplayer”. What followers of sabermetrics – the practice of using empirical analysis to measure in-game activity- proposed was that “reliable statistical evidence will outperform … heuristic(s) every time” and is a far better indicator of a player’s success. (Thaler, 2003) When Billy Beane, the main focus of Moneyball, “relied on objective evidence, explicitly ignoring anything that could be dismissed as ‘subjective’ he was going against a social norm in baseball scouting...
Words: 1685 - Pages: 7
...Steroid Use in Major League Baseball Student Name Course Name Instructor Date Steroid Use in Major League Baseball Thesis: Steroid use is prevalent in major league baseball. Players choose to use steroids despite steroids being banned, the effects steroids have on their bodies, and the impact steroids have on their careers and reputation. I. Steroid use is banned in major league baseball. A. Banned substances enhance players’ performance. 1. Batted-ball speed increases when a player takes steroids. 2. Home-run production increases with steroid usage. B. Major league baseball policies ban the use of several substances by players. 1. The league and the players’ union have strict policies against the use of steroids. 2. The league conducts regular testing to ensure players are drug free. 3. Penalties result from steroid use. II. The body is seriously affected by steroid use. A. Several negative physical effects exist to the body. 1. Steroid use affects natural hormone production. 2. High blood pressure, high cholesterol, and other cardiovascular problems are physical side effects. 3. Steroids cause liver problems. B. Psychological problems exist due to steroid use. 1. Aggressive or enraged behavior has been reported as a side effect. 2. Addiction has been reported also as a side effect. III. The steroid scandal has negatively impacted players’ careers and reputation. A. Players’...
Words: 3706 - Pages: 15
...Melbourne Business Practicum Report Benchmarking Melbourne as a Sports and Arts Capital Research conducted by: Carthur Wan Daniel Chen Eliza Tong & Karleen Wu Disclaimer: The MBP team has used reasonable care and skill in compiling the content of this material. However, neither the MBP nor the students provide a warranty as to the accuracy or completeness of any information in these materials. No part of these materials are intended to be advice, whether legal or professional. Contents 1. 2. 3. 4. Executive Summary ......................................................................................................................... 2 Background and Objectives ............................................................................................................ 3 General Benchmarking Methodology ............................................................................................. 4 Benchmarking Melbourne's Arts Status ......................................................................................... 5 4.1 4.2 Arts Comparison Cities Overview............................................................................................ 5 Arts Capacity Index ................................................................................................................. 6 Physical Infrastructure - Venue Number......................................................................... 6 Physical Infrastructure - Size ...................................
Words: 10914 - Pages: 44
...Final Project: Sports Marketing Plan Randy Werner SPM/250 May 6, 2012 Jeff Price In today’s society youth athletics play a crucial part of millions of children’s everyday life. Children, along with their parents and siblings, spend hours each week practicing to play their favorite game. Along with the practice comes a major financial commitment by the parents in order to get their children involved with the elite sports programs. Historically youth baseball teams have been formed by participating in local little leagues. Over the past 5 to 10 years there has been a major change in the trend of parents wanting their children to play against more elite teams in order for their children to become better overall players. These elite teams have organized their own teams and have developed marketing plans to raise money which in return allows the team to have the top of the line equipment in order to compete at a higher level. This higher level of play is when teams travel all over the country to participate in elite tournaments that are being organized by local leagues or maybe just one small group of people to make money by hosting these events. There are numerous internal and external factors that need to be planned out when you decide to host and organize these events. ITOC Sports, short for Iowa Tournament of Champions, will be one organization that will organize and host these events. Some of the internal factors would be how many people will it take to organize...
Words: 1647 - Pages: 7
