Question
Many of today's leading technology companies such as Google and Facebook are based on research projects that were conducted at universities. In this question, we
Many of today's leading technology companies such as Google and Facebook are based on research projects that were conducted at universities. In this question, we are interested to analyze various factors that impact innovation at universities. The available data includes various research-related factors collected from 143 universities in the United States. The outcome variable of interest is "Startups", which measures the number of startups founded by graduates from that particular university. The predictors are the research expenditure (in million dollars), the number of patents generated from research, and the age of the university's technology transfer office (in years)1 . Answer the following question based on the data provided. Consider a 5% significance level where needed.
The data is the following:
Startups | Research |
1 | 145.5236 |
1 | 237.5212 |
1 | 146.9840 |
1 | 304.2250 |
12 | 343.4238 |
0 | 10.7120 |
9 | 26.3600 |
0 | 14.8700 |
10 | 229.2800 |
3 | 139.2837 |
3 | 302.6129 |
10 | 640.0000 |
5 | 668.2275 |
1 | 174.1091 |
4 | 102.2090 |
7 | 678.1842 |
0 | 13.2000 |
1 | 16.1920 |
0 | 30.7770 |
3 | 390.9652 |
0 | 43.2491 |
3 | 206.5418 |
5 | 79.8832 |
0 | 144.9570 |
9 | 536.4125 |
12 | 660.0815 |
2 | 404.6215 |
2 | 251.6740 |
12 | 1183.7680 |
1 | 819.2889 |
3 | 95.8786 |
0 | 18.4444 |
2 | 391.7670 |
1 | 19.4060 |
20 | 1319.0000 |
0 | 57.0852 |
1 | 134.2000 |
2 | 161.1623 |
3 | 356.7670 |
2 | 60.3560 |
4 | 210.9510 |
2 | 96.1506 |
0 | 296.3800 |
0 | 89.7920 |
0 | 120.3234 |
6 | 310.6990 |
5 | 366.1370 |
0 | 115.5130 |
2 | 56.7275 |
5 | 702.5635 |
3 | 25.9776 |
2 | 138.7592 |
4 | 279.8494 |
1 | 188.0560 |
1 | 717.2440 |
0 | 40.1469 |
11 | 495.0990 |
1 | 63.1974 |
10 | 784.3243 |
2 | 83.5624 |
2 | 323.4040 |
0 | 106.8504 |
9 | 694.2175 |
2 | 29.1348 |
0 | 150.3760 |
1 | 582.3650 |
1 | 404.6150 |
0 | 94.0318 |
2 | 151.0077 |
1 | 146.8751 |
5 | 49.5978 |
3 | 32.8460 |
10 | 65.3200 |
6 | 547.1974 |
0 | 115.5379 |
1 | 110.8750 |
55 | 4403.6620 |
2 | 108.0000 |
0 | 317.5155 |
0 | 211.3931 |
11 | 661.0000 |
3 | 161.3362 |
0 | 166.3700 |
14 | 483.7980 |
2 | 350.2990 |
0 | 211.7782 |
1 | 84.4900 |
0 | 81.5322 |
11 | 830.7790 |
0 | 293.5640 |
2 | 197.7970 |
8 | 242.9660 |
3 | 164.1230 |
0 | 43.2130 |
2 | 377.4180 |
0 | 66.8014 |
3 | 346.3693 |
2 | 435.2470 |
0 | 325.3000 |
13 | 875.7535 |
1 | 583.5240 |
3 | 54.7090 |
6 | 354.7636 |
3 | 342.6482 |
0 | 98.8208 |
6 | 197.6285 |
2 | 33.1258 |
5 | 619.6000 |
3 | 29.8081 |
0 | 31.8954 |
0 | 103.3000 |
1 | 158.9638 |
0 | 101.3423 |
2 | 667.3547 |
3 | 641.6260 |
6 | 361.6022 |
0 | 28.0793 |
5 | 185.1979 |
0 | 22.7420 |
5 | 298.5000 |
5 | 484.6000 |
2 | 246.3971 |
10 | 527.1413 |
2 | 197.2517 |
0 | 201.3230 |
2 | 153.4613 |
2 | 377.1696 |
2 | 66.6105 |
3 | 59.5830 |
20 | 273.0059 |
5 | 90.6422 |
2 | 257.6510 |
9 | 1026.7885 |
0 | 14.4730 |
0 | 148.2570 |
4 | 444.3325 |
3 | 148.6550 |
3 | 199.6359 |
6 | 942.0000 |
2 | 148.6864 |
2 | 140.8622 |
1 | 249.2100 |
1 | 154.3820 |
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