APPLIED MANAGERIAL STATISTICS
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See attached Excel spreadsheet.
"Y" is the dependent variable and the "X"'s are independent variables. Use MegaStat and its Regression capabilities to find the "best" equation that predicts Y based upon the X's. (Don't accept the first equation you find, try others also.) What do you notice in the regression analysis? Which variables affect Y significantly? Include only those in your final equation.
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Solution Summary
Provides steps necessary to find the best equation to predict Y based upon the X's.
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