Question
A nonprofit analyst seeks to determine which variables should be used to predict nonprofit charitable commitment, a nonprofit organization commitment to its charitable purpose. Two
A nonprofit analyst seeks to determine which variables should be used to predict nonprofit charitable commitment, a nonprofit organization commitment to its charitable purpose. Two independent variables under consideration are Revenue, a measurement of total revenue, in billions of dollars, as a measure of nonprofit size
X1
and Efficiency, a measurement of the percent of private donations remaining after fundraising expenses as a measure of nonprofit fundraising efficiency
X2.
The dependent variable Y is Commitment, a measurement of the percent of total expenses that are allocated directly to charitable services. Both variables
X2
and Y are encoded as percents. Data are collected from a random sample of
97
nonprofit organizations, with the results provided in the accompanying table. Complete parts (a) through (c) below.
Variable | Coefficients | Standard Error | T Statistic | p-Value | |||
---|---|---|---|---|---|---|---|
Intercept | 11.426429 | 7.180566 | 1.59 | 0.1149 | |||
Revenue | 0.6715193 | 0.321856 | 2.09 | 0.0397 | |||
Efficiency | 0.8062242 | 0.077013 | 10.47 | <0.0001 |
a.
State the multiple regression equation.
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