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There are four variables that describe the fund manager. They are age, tenure (how many years the manager has been in charge), whether the manager

There are four variables that describe the fund manager. They are age, tenure (how many years the manager has been in charge), whether the manager had an MBA (1 = yes, 0 = no), and a measure of the quality of the manager's education (the average Scholastic Achievement Test (SAT) score of students at the university where the manager received his or her undergraduate degree).

Conduct an analysis of the data. Discuss how the average SAT score of the manager's alma mater, whether he or she has an MBA and his or her age and tenure are related to the performance of the fund.

Use 0.05 significance level.

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SUMMARY OUTPUT Regression Statistics Multiple R 0.122811 R Square 0.015083 Adjusted R 0.013136 Standard E 8.303798 Observation 2029 0 ANOVA df SS MS F ignificance F Regression 4 2137.169 534.2922 7.748637 3.4E-06 Residual 2024 139561 68.95306 Total 2028 141698.2 Coefficientsandard Er t Stat P-value Lower 95%Upper 95%ower 95.0/pper 95.0% Intercept -1. 14763 2. 195444 -0.52273 0.601216 -5.4532 3.157931 -5.4532 3. 157931 8 SAT 0.005074 0.001281 3.959414 7.77E-05 0.002561 0.007587 0.002561 0.007587 MBA 0.6744 0.37596 1.793809 0.072993 -0.06291 1.41171 -0.06291 1.41171 0 Age -0. 14057 0.042422 -3.31371 0.000937 -0.22377 -0.05738 -0.22377 -0.05738 Tenure 0.081806 0.175535 0.466039 0.641238 -0.26244 0.426054 -0.26244 0.426054

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