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Originally posted by Sajjad1994 on 16 Oct 2023, 00:03.
Last edited by Bunuel on 24 Dec 2025, 02:38, edited 1 time in total.
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Dropdown 1: 1995
Dropdown 2: Mike Schmidt
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correct 63%
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McGraw
The following graph shows the highest average annual value of contracts for players in Major League Baseball in the years from 1980 to 2001. The solid curve represents a regression equation that is exponential. The dotted line represents the salaries that would be predicted by a linear model.
Attachment:
12.jpg [ 190.42 KiB | Viewed 4767 times ]
1. The rate of growth in the salaries began to increase sharply in approximately .
2. The linear model most successfully predicts the salary for .
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1. The rate of growth in the salaries began to increase sharply in approximately __________.
Look for the bend in the exponential curve. The salaries increase much more quickly after that bend than before. That shift occurs around 1995.
Answer: D
2. The linear model most successfully predicts the salary for __________.
Pay attention to the dotted line, not the exponential curve. Look at the vertical distance from the line to the actual point. Of the players proposed, Mike Schmidt's point lies closest to the dotted line.
Hi, I see the bend in the curve from 1994-1995 same as 1995 -1996. Not still able to understand why the first answer is 1995. In that case the answer should be 1994, isn't it?
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