subject
Business, 22.12.2020 04:00 MC2007

The first dataset contains cross-sectional data, that is, data collected at approximately the same point in time. This data is contained in the Excel file MircoAnalysis. Here you have to analyze the given data to understand what impact 6 potential variables have on salary. Regression in this example is used to explain the impact of possible variables. You will have to examine the data and make necessary modifications to create a multiple regression model.

In addition to the model output (from Excel), answer the following on the tab “Final Regression Model”:

How does each independent variable in your model, affect the salary?
What is the r-squared value and what does it mean to salary?
Which variables (even if they may not end up being in the final model) required transformation into dummy variables?
What does the p-values of each independent variable mean?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 08:30
The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.
Answers: 2
question
Business, 22.06.2019 20:00
Ryngard corp's sales last year were $38,000, and its total assets were $16,000. what was its total assets turnover ratio (tato)? a. 2.04b. 2.14c. 2.26d. 2.38e. 2.49
Answers: 1
question
Business, 22.06.2019 22:30
Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. he expects these costs to rise about $1500 each year while he is in college. if it will take him 5 years to earn his bs, what is the present cost of his degree at an interest rate of 6%? if he earns and extra $10000 annually for 40 years, what is the present worth of his degree.?
Answers: 3
question
Business, 22.06.2019 22:50
Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?
Answers: 1
You know the right answer?
The first dataset contains cross-sectional data, that is, data collected at approximately the same p...
Questions
question
Geography, 09.01.2022 16:00
question
Mathematics, 09.01.2022 16:10
question
Mathematics, 09.01.2022 16:10
question
Computers and Technology, 09.01.2022 16:10
question
Physics, 09.01.2022 16:10
question
Mathematics, 09.01.2022 16:20
question
Computers and Technology, 09.01.2022 16:20