Question

In: Statistics and Probability

create a multiple regression using your dependent variable and as many independent variables you can think...

create a multiple regression using your dependent variable and as many independent variables you can think of.

discuss the statistical significance of each of your independent variables

Solutions

Expert Solution

SStatistical significance of independent variable: By interpreting the statistical result , you can understand how change in the independent variable are related to shift in the dependent variable, at point its very importants that which independent variable is more  important. All coefficient of independent variable represents the mean change of dependent variable given a unit change or shift in an independent variable.   


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