Purchase Solution

# Building a Regression Model as a Screening Tool

Not what you're looking for?

You are on the admissions board of a university, in charge of creating a screening process that will predict academic success (university grade point average (GPA)) for newly entering freshman. At your disposal is a variety of data from hundreds of current university students including:

- High School GPA
- SAT score (from high school)
- ACT score (from high school)
- Socio-economic status
- Freshman and sophomore university cumulative GPA
- Parents' education
- Intelligence Quotient

Describe how you would build a regression model that could be used as a screening tool, with mention of the high correlation (colinearity) between SAT and ACT, and possibly IQ.

##### Solution Summary

The response addresses the queries posted in 445 words with references.

##### Solution Preview

The response addresses the queries posted in 445 words with references.
//In this paragraph, we will discuss the regression model in term of its development and relevancy for taking rational decision. There will also be a description of the regression model for screening tool for selection of students considering all the required criteria.//

Development of the regression model requires knowledge of concerned variables before constructing the model. The dependent variable is the outcome of the regression equation that is wholly depending upon the independent variables. The independent variables have different weights in the form of correlation in the regression model to predict dependent variable. Let Xi denote an independent variable and Y is a dependent value ...

Solution provided by:
###### Education
• MBA (IP), International Center for Internationa Business
• BBA, University of Rajasthan
###### Recent Feedback
• "Thank You so much! "
• "Always provide great help, I highly recommend Mr. Sharma over others, thanks again. "
• "great job. I will need another help from you. "
• "first class!"
• "Thank you for your great notes. Will you be willing to help me with one more assignment? "

##### Free BrainMass Quizzes

Importance of Critical Thinking

##### Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

##### Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

##### Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

##### Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.