Use the data in the Excel file Cost of Living Adjustments to find the best multiple regression
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Use the data in the Excel file Cost of Living Adjustments to find the best multiple regression model to predict the salary as a function of the adjusted cost of living rates. What would the comparable salary be for a city with the following adjustments: groceries: 4%; housing: 9%; utilities: 2%; transportation: 1%; and health care: 8%?
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City Comparative Salary Groceries Housing Utilities Transportation Healthcare Atlanta 6048200 15 25 10 6 5 Austin 5753000 8 13 1 1 6 Boston 8590400 16 ...View the full answer
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Sandhya Sharma
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
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