Explore BrainMass

Explore BrainMass

    Stepwise Regression: Laptop Prices

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Suppose that you are interested in predicting the price of a laptop computer based on its various features. The file P11_35.xlsx contains observations on the sales price and a number of potentially relevant variables for a randomly chosen sample of laptop computers. Employ stepwise regression to decide which explanatory variables to include in a regression equation. Use the p-value method with a cutoff value of 0.05 for entering and leaving.

    © BrainMass Inc. brainmass.com June 4, 2020, 3:23 am ad1c9bdddf
    https://brainmass.com/statistics/regression-analysis/stepwise-regression-laptop-prices-512837

    Attachments

    Solution Summary

    The solution employs a stepwise regression to decide which explanatory variables to include in a regression equation. It also uses the p-value method with a cutoff value of 0.05 for entering and leaving.

    $2.19

    ADVERTISEMENT