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    Regression analysis for Bank data

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    See attached data file.

    I need to formulate a hypothesis statement which can be tested with linear regression analysis using the attached data set.

    Legend for the data set is posted below:

    X1: Account Balance in dollars
    X2: Number of ATM transactions in the month
    X3: Number of other bank services used
    X4: Has a debit card (0=no, 1=yes)
    X5: Receives interest on the account (0=no, 1=yes)
    X6: City where banking is done
    60 accounts

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    Solution Summary

    Step by step method for regression analysis is discussed here. Regression coefficients, coefficient of determination, scatter diagram and significance of regression model are explained in the solution.