Dependent and Independent Variabels

timer Asked: Oct 31st, 2013

Question Description

Using the XR17-07 dataset (in the data sets/Excel files directory of the CD accompanying your textbook) and Microsoft Excel, build and validate a multiple regression model. Explicitly describe the following:

  • Choose the dependent as well as the independent variables. Why do you think are the selected independent variables expected to cause changes in the dependent variables?
  • Assess the goodness of fit of your model.
  • Interpret the coefficients of the regression model. Which independent variable has the strongest impact on the dependent variables? Which independent variable has the weakest impact?
  • Summarize the key business takeaways from your model. Briefly describe what the model communicates.

Submit your response in a 2- to 3-page Microsoft Word document (copying any supporting parts of the Microsoft Excel output).

Name your document SU_MBA5008_W4_A2_LastName_FirstInitial.doc.

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