GC BUS660 WEEK 4 ASSIGNMENT
Details:
Complete Problems 4-22 and 4-23.
Complete Problem 4-24. In addition to the questions in this problem, respond to the following:
- State the linear equation.
- Explain the overall statistical significance of the model.
- Explain the statistical significance for each independent variable in the model
- Interpret the Adjusted R2.
- Is this a good predictive equation(s)? Which variables should be excluded (if any) and why? Explain.
Complete Problem 4-30.
Use Excel’s regression option to perform the regression. Use one Excel spreadsheet file for the calculations and explanations, with one worksheet per problem. Use the problem number for each worksheet name. Cells should contain the formulas (i.e., if a formula was used to calculate the entry in that cell).
You are not required to submit this assignment to Turnitin.
Mac Users:
Mac users can use StatPlus:mac LE, free of charge, from AnalystSoft.
StatPlus:mac LE can be used with Excel 2011 to perform statistical functions.
Go to the AnalystSoft Web site and follow the installation instructions: http://www.analystsoft.com/en/products/statplusmacle/
Once installed, Apple users can use StatPlus:mac LE to complete homework problems that require the use of Excel’s data analysis statistical functions.
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