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    Correlation matrix: Interpret data for JAX, DFW, LAX models

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    Provide a correlation matrix.

    Use the data to obtain the 'best' multiple regression model.

    Can you please provide a short write-up in Word that interprets your output discussing

    - which independent variables are most strongly related to price,
    - which are least strongly related to price,
    - if the directions of the correlations make sense,
    - if there appears to be any multicollinearity,
    - your logic in excluding/including independent variables in your 'best' model.

    Please include:

    An Excel file that shows the data set used, and provides the statistical output or calculations and short interpretations of your output.

    © BrainMass Inc. brainmass.com October 10, 2019, 1:59 am ad1c9bdddf
    https://brainmass.com/statistics/correlation/correlation-matrix-interpret-data-for-jax-dfw-lax-models-358059

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    Solution Summary

    The correlation matrix and two regressions are computed and explained in everyday language suitable for novices. Data has been reformatted in excel to better run models.

    $2.19