Graduation rate-the percentage of entering freshmen attending full time and graduating within 5 years-and what influences it
Question:
a. Draw a scatterplot of the data.
b. Is finding a regression line for the data reasonable? Explain your answer.
c. Determine the regression equation for the data, and draw its graph on the scatterplot you drew in part (a).
d. Describe the apparent relationship between student-to-faculty ratio and graduation rate.
e. What does the slope of the regression line represent in terms of student-to-faculty ratio and graduation rate?
f. Use the regression equation to predict the graduation rate of a university having a student-to-faculty ratio of 17.
g. Identify outliers and potential influential observations.
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