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Use regression model to determine if belief is valid

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Strayer administrators believe the number of applications is influenced by tuition. The following data for an 8-year period show tuition rates and the size of the applicant pool.

Tuition Applicants
$ 900 11060
1250 1090
1375 8670
1400 9050
1550 7400
1625 7100
1750 6300
1930 6100

a. Use a causal model (regression) to see if the administration's belief is warranted.

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Solution Summary

This solution provides various regression analysis questions in Excel.

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