You are given the following data: y x1 x2 x3 y x1 x2 x3 45 40 41

Question:

You are given the following data:

y x1 x2 x3 y x1 x2 x3 45 40 41 39 45 42 39 37 41 31 41 35 43 37 52 41 43 45 49 39 34 40 47 40 38 43 41 41 49 35 44 44 50 42 42 51 45 39 40 45 39 48 40 42 40 43 30 42 50 44 44 41 43 53 34 34

a. Determine the appropriate correlation matrix and use it to predict which variable will enter in the first step of a stepwise regression model.

b. Use standard stepwise regression to construct a model, entering all significant variables.

c. Construct a full regression model. What are the differences in the model? Which model explains the most variation in the dependent variable?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Statistics

ISBN: 9781292220383

10th Global Edition

Authors: David Groebner, Patrick Shannon, Phillip Fry

Question Posted: