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Building a Regression Model as a Screening Tool
You are on the admissions board of a university, in charge of creating a screening process that will predict academic success (university grade point average (GPA)) for newly entering freshman. At your disposal is a variety of data from hundreds of current university students including:
- High School GPA- SAT score (from high school)- ACT score (from high school)- Socio-economic status- Freshman and sophomore university cumulative GPA- Parents' education- Intelligence Quotient
Describe how you would build a regression model that could be used as a screening tool, with mention of the high correlation (colinearity) between SAT and ACT, and possibly IQ.
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