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G&J Airlines Questions C71 and C72 are based on an audit of G&J Airlines, a regional airline described in this chapter in the section Regression
G&J Airlines Questions C71 and C72 are based on an audit of G&J Airlines, a regional airline described in this chapter in the section "Regression Analysis." Data files needed to complete this case are available in WileyPLUS C7.1 (LO 1, 2, 3. 4) Challenging Using regression analysis to search for notable items in revenue Perform the following as part of the 2022 audit of G&J Airlines. The dependent variable is revenue. The independent variable is passenger miles. a. Plan an ADA as a risk assessment procedure that uses regression to investigate revenue. b. Prepare the data for your ADA e. Document the relevance and reliability testing that would need to be performed for this ADA to be effective and efficient. Assume all tests are satisfied. d. Perform your planned regression analysis using the six steps outlined in the chapter section Regression Analysis." e. Create a visualization to describe the results of the ADA and evaluate the results of the ADA. f. Recommend procedures that should be taken because of your findings in (e)
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