User Account

All Pages

Develop a scatter diagram with retention rate

Assignment Help Microeconomics
Reference no: EM132222513

Instructions

Background
One of the biggest challenges in the higher education sector has been the recent growth of online universities. The Online Education Database is an independent organisation whose mission is to build a comprehensive list of accredited online colleges. The Excel spreadsheet (OnlineEdu.xlsx) contains data on the retention rate (%) and the graduation rate (%) for 29 online colleges in the United States.

Instructions
Conduct a simple linear regression analysis to examine the association between the ‘retention rate' (the independent variable) and the ‘graduation rate' (the dependent variable). Using the Excel data file, prepare a 1200 word repot using the following structure.

Purpose
In this section, the purpose of the report need to be clearly and concisely stated.

Background
In this section, write an overview of the association between retention and graduation. Why would economists be interested in this particular issue?

Method
In this section, provide a brief overview of the data and empirical approach used to examine the association between retention and graduation.

Results

a) Provide a descriptive analysis of the two variables (e.g., mean standard deviation, minimum and maximum).
b) Develop a scatter diagram with retention rate as the independent variable. What does the scatter diagram indicate about the relationship between the two variables?
c) Estimate a regression equation that can be used to predict the graduation rate (%) given the retention rate (%)
d) State the estimated regression equation and interpret the meaning of the slope coefficient
e) Is there a statistically significant association between graduation rate (%) and retention rate (%). Explain
f) Did the regression equation provide a good fit? Explain
g) Suppose you were the president of South University. After reviewing the results, would you have any concerns about the performance of your university compared to other online universities?
h) Suppose you were the president of the University of Phoenix. After reviewing the results, would you have any concerns about the performance of your university compared to other online universities?

Discussion
In this section, provide a brief overview of the key results. What are the key strengths and limitations of this analysis? (e.g., data, method, etc.). How do the results from this analysis compare with other studies? (e.g., are the findings consistent?). Do these findings have clear policy implications?

Recommendations
In this section, you should present three well-considered recommendations.

Attachment:- Linear regression report.rar

Verified Expert

This task is based on the basics of Statistics. In statistics, the problems are from the correlation and we have to provide a case study. On the basis of the case study, we have to analyze the data. We have to Conduct a simple linear regression analysis to examine the association between the ‘retention rate’ (the independent variable) and the ‘graduation rate’ (the dependent variable). And finally preparing a report on the discussion and conclusion.

Reference no: EM132222513

Questions Cloud

Portfolio selection problem using linear programming : Formulate this portfolio selection problem using linear programming.
Analyze and evaluate your teams interaction : Describe and evaluate the strategies you used to complete your work - Identify who emerged as a leader and why - Evaluate the overall effectiveness
Briefly talk about project requirements : Briefly talk about Project Requirements. What are some HRM functions that might create a higher level of efficiency if outsourced?
Incarceration and community-based corrections : Structurally, corrections generally consist of two major components: Incarceration and Community –based Corrections.
Develop a scatter diagram with retention rate : ECONOMICS AND QUANTITATIVE ANALYSIS - Provide a descriptive analysis of the two variables - Develop a scatter diagram with retention rate
Create communications plan as project manager : Create a Communications Plan as the project manager for the following project.
Different concepts of leadership-management vs. leadership : Compare and contrast different concepts of leadership. Management vs. Leadership, Transactional and transformational leadership
Structured outline of the project scope : The Work Breakdown Structure (WBS) is a structured outline of the project scope.
Advantage due to the high quality of ncc products : Brenda does have an advantage due to the high quality of NCC products. What would you recommend Brenda do to handle the challenges she faces?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd