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Correlation between GPA of BS and MBA degrees

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Using a significance level of .05, test whether there is a correlation between the BS GPA and the MBA GPA.

a) What is the correlation coefficient & how strong is it?
b) What is the best fit regression equation that can predict the MBA GPA from the BS GPA?

Use the data in the attached excel file:

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Solution Summary

The expert uses Excel to provide the data output summary of the question in order to find the correlation coefficient and its strength as well as the best fit regression equation that can predict the MBA GPA from the BS GPA.

Solution provided by:
Robert Reinhart, MBA
Education
  • MBA, Merage School of Business, Univ of Cal, Irvine
  • BA, Univ of Cal, Irvine
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