Multiple Regression Model and Prediction of Graduation
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Use the data in the spreadsheet "HW #3" to answer the following.
1. Develop a multiple regression model for predicting Graduation % as a function of the other variables.
2. Use the model to predict the Graduation % with a Median SAT of 1500, Acceptance Rate of 50%, Expenditures/Student of $50000 and Top 10% HS of 80.
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Solution Summary
Provides steps necessary to develop a multiple regression model that can be used to make predictions.
Solution Preview
See the attached file. Thanks
Run the regression using the Data > Data Analysis > Regression in Excel
The Y variable is Graduation % and X variable are rest of ...
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