regression analysis, business and finance homework help

User Generated

lrxm

Business Finance

Description

Okay, so this is the type of assignment that you failed me last week. PLEASE research, use GRADUATE level English, don't plagiarize, and if you can't do the assignment, don't sign up to do it. I'm sorry but if you can't get this one right, I will ask for my money back and stop using you as a tutor.

As always, APA citations.

NOTE: IF YOU CHOOSE TO DO THIS ASSIGNMENT, KNOW THAT I MAY HAVE FOLLOW UP QUESTIONS OR CORRECTIONS BY THE PROFESSOR, MUST BE FLEXIBLE IN RESPONDING TO THE QUESTION. SPECIALLY IF YOU ARE WRONG

DQ 1

Managerial decision-making is forward-looking and predictive.

Predictive power suggests certain results. Whether building a stock model intended to predict stock price or a business decision model, economic models are more an art than a science.

Provide examples of different Excel-type models used by companies to make economic-type decisions.

DQ 2

Regression analysis is a tool for building statistical models that characterize relationships among a dependent variable [sales, for example] and one or more independent variables [price, for example].

Find real world data, perhaps from a company’s annual report or from government sources, then use Excel to develop a simple or multiple regression analysis with a dependent and an independent variable.

Describe, explain, discuss, and comment on the regression’s predictive, strategic value.

Attach your spreadsheet.




User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: DISCUSSION

1

Discussion Questions
Student’s Name
Institutional Affiliation

DISCUSSION

2
Discussion Questions

DQ1
Economic decisions are what determine the path that a company takes and its future
success. It is therefore important for every business leader to be able to make informed economic
decisions. In economics, decision relies more on information and how it is interpreted. There are
excel-type models which are used to analyze economic data and help leaders make informed
decisions. The models are based on excel functions and formulas which are used to perform
calculation and interpret outcomes for the convenience of decision makers (Mayes & Shank,
2015).
One example of such models is the Excel payoff table that is attached. The model is
useful in decision making risk type decisions. The other excel-type model that managers can use
in decision is the decision tree (attached). By inputting the probability estimates of particular
decision and the potential outcome, it is possible to arrive at a prudent economic decision that
will be yield the maximum benefit.
DQ 2
Regression analysis was conducted on data from the government on crime rate,
unemployment rate, and wage across 48 states in U.S. in 1994 (Chatterjee & Hadi, 2015). The
analysis aims to determine the relationship between crime rate and the other two factors,
unemployment...


Anonymous
Goes above and beyond expectations!

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags