Baseball salaries 2012. In 2012, the New York Yankees won 95 games and spent $198 million on salaries for their players (USA Today). Is there a relationship between salary and team performance in Major League Baseball? For the 2012 season, a linear model fit to the number of Wins (out of 162 regular season games) from the team Salary ($M) for the 30 teams in the league is:

Wins = 76.45 + 0.046 Salary.

(a) What is the explanatory variable?

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(b) What is the response variable?

(c) What does the slope mean in this context?

(d) What does the y-intercept mean in this context? Is it meaningful?

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