Assume your group is the team of data analytics in a renowned Australian company. The company offers its assistance to distinct group of clients including (not limited to), public listed companies, small businesses, educational institutions, etc. The company has undertaken several data analysis projects and all the projects are based on multiple regression analysis. Based on the above assumption, you are required to.

1. Develop a research question that can be addressed through multiple regression analysis.

2. Explain the target population and the expected sample size

3. Briefly describe the most appropriate sampling method.

4. Create data set (in excel) which satisfies the following conditions. (You are required to upload the data file separately). a. Minimum no of independent variables - 2 variables b. Minimum no of observations - 30 observations Note: You are required to provide information on whether you used primary or secondary data, data collection source, etc.

5. Perform descriptive statistical analysis and prepare the table with the following descriptive measures for all the variables in your data set. Mean, median, mode, variance, standard deviation, skewness, kurtosis, coefficient of variation.

6. Briefly comment on the descriptive statistics in the part (5) and explain the nature of the distribution of those variables.

7. Derive a suitable graph to represent the relationship between a dependent variable and each independent variable in your data set. (ex: the relationship between Y and X1, Y and X2, etc)

8. Based on the data set, perform regression analysis and correlation analysis, and answer the questions given below.

a. Derive the multiple regression equation.

b. Interpret the meaning of all the coefficients in the regression equation.

c. Interpret the calculated coefficient of determination.

d. At a 5% significance level, test the overall model significance.

e. At a 5% significance level, assess the significance of independent variables in the model.

f. Based on the correlation coefficients in the correlation output, assess the correlation between explanatory variables and check the possibility of multicollinearity.

1) What is the Real Business Cycle Theory say about business cycles? 2) How is the Real Business Cycle Theory different from the Keynesian school of thought? 3) How is the Real Business Cycle Theory different from the Monetarist school of thought? 4) What are the strengths of the Real Business Cycle Theory? 5) What are the weaknesses of the Real Business Cycle Theory?Question 1 (1 point) "A decline in tax rates and other incentives will spur individuals and firms to increase productivity" is typically referred to as 1) demand-side economics. O 2) Keynesian economics. ( 3) Ricardian equivalence. ( 4) supply-side economics.Question 14 (3 points) As new firms enter a monopolistically competitive market, profits of existing firms will decline and product diversity in the market increases. rise and product diversity in the market increases. decline and product diversity in the market decreases. rise and product diversity in the market decreases. Previous Page Next Page Page 14 of 30QUESTION 4 Identify the statement that illustrates a criticism of supply-side economics. Supply-side economics focus mainly on eliminating the trade-off between interest rates and investment spending Supply-side economics exaggerates the effects of tax cuts Supply-side economics exaggerates the effects of fluctuations in the price level Supply-side economics ignores the effects of a change in a component of demand QUESTION 5 Keynesian economists believe that People react to expectations quickly Unemployment is costlier than inflation The economy's self-correcting mechanism moves efficiently and quickly The Phillips curve is relatively steepWhich of the following statements is correct regarding automatic stabilisers Select one: Q a.As economic activity rises spending by government tends to rise automatically and so too do taxes b. As economic activity declines government spending automatically rises and tax receipts automatically fall. c.As economic activity rises government spending automatically falls and so too do tax receipts. OOO d.As economic activity falls tax collections automatically decline as does Government spending