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A manager has the following dataset about 20 consumers income level and the related information. Income Age The rent of the house Local or Not
A manager has the following dataset about 20 consumers income level and the related information. Income Age The rent of the house Local or Not Degree 5000 25 1000 Y Bachelor 7000 30 2000 N Master 6000 28 1500 Y Master 5500 25 1000 Y Bachelor 7500 32 2000 N Master 6500 28 1500 Y Master 9200 42 1000 Y Ph.D. 7500 32 2000 N Master 5800 22 1500 Y Master 7500 32 2000 N Master 6500 28 1500 Y Master 8000 36 1000 Y Ph.D. 7500 32 2000 N Master 5800 25 1500 Y Master 5500 25 1200 Y Bachelor 7500 32 2000 N Master 6500 28 1300 Y Master 9200 42 1000 Y Ph.D. 7500 32 2000 N Master 6200 30 1560 N Master Please use EXCEL to conduct multiple linear regressions to predict income using the four variables including age, rent, local or not, and degree. Please list the regression formula based on EXCEL output
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Managing Risk And Uncertainty A Strategic Approach
Authors: Richard Friberg
1st Edition
0262528193,026233156X
