Predicting Winnings for NASCAR Drivers

Words: 170
Pages: 1
Subject: Uncategorized

-See attached excel file for the data and regression table.

Suppose you wanted to predict winnings for the NASCAR drivers:
-Which of these four (4) variables provides the best single predictor of the highest total winnings? Explain with supporting data.
-Poles won?
-Wins?
-Top 5 finishes?
-Top 10 finishes?

Develop an estimated regression equation that can be used to predict Winnings with the above four (4) variables and test for individual significance. Discuss your findings and conclusions.

What did you find in your analysis of the data?
Were there any surprising results?
What recommendations would you make based on your findings?

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