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Please help me with the question below: b) If you use multiple linear regression analysis with more than one independent variables, your answers should include
Please help me with the question below:
b) If you use multiple linear regression analysis with more than one independent variables, your answers should include the following in the context of the problem. - graphical presentation (scatter diagram) of the dependent variables with each independent variables - regression equation, - interpretation of correlation coefficient, coefficient of determination, - interpretation of y-intercept, and all the slopes (gradients) - comment on the P-values test - your conclusion of the regression model.Table 1: CPIH, OOH component and CPI index values, and 12-month and 1-month rates UK, March 2021 to March 2022 OOH CPIH Index CPIH 12- CPIH 1- CPI Index CPI 12- CPI 1- Index OOH 12- (UK, 2015 month month (UK, 2015 month month (UK, 2015 month = 100) rate rate =100) rate rate =100) 2021 rate Mar 109.7 1.0 0.2 109.4 0.7 0.3 109.1 1.3 Apr 110.4 1.6 0.7 110.1 1.5 0.6 109.2 1.4 May 111.0 2.1 0.5 110.8 2.1 0.6 109.4 1.5 Jun 111.4 2.4 0.4 111.3 2.5 0.5 109.6 1.6 Jul 111.4 2.1 0.0 111.3 2.0 0.0 109.8 1.6 Aug 112.1 3.0 0.6 112.1 3.2 0.7 110.0 1.7 Sep 112.4 2.9 0.3 112.4 3.1 0.3 110.2 1.8 Oct 113.4 3.8 0.9 113.6 4.2 1.1 110.5 1.9 Nov 114.1 4.6 0.6 114.5 5.1 0.7 110.8 2.1 Dec 114.7 4.8 0.5 115.1 5.4 0.5 111.2 2022 2.2 Jan 114.6 4.9 0.0 114.9 5.5 -0.1 111.6 2.4 Feb 115.4 5.5 0.7 115.8 6.2 0.8 111.8 2.5 Mar 116.5 6.2 0.9 117.1 7.0 1.1 112.1 2.7 Source: Office for National Statistics - Consumer price inflationStep by Step Solution
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