Develop an estimated simple linear regression model

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Question: Prepare a managerial report as described below. In the Excel data, add in four additional rows for Add in Park University, Donnelly College, <Instructor Last Name> University, and University of <Your Last Name> (WalterHobbs: I will add this information) but please predraft the data in the excel worksheet.

Use methods of descriptive statistics to summarize the data.

Develop an estimated simple linear regression model that can be used to predict the alumni giving rate, given the graduation rate. Describe and analyze your findings.

Develop an estimated multiple linear regression model that could be used to predict the alumni giving rate using Graduation Rate, % of Classes Under 20, and Student/ Faculty Ratio as independent variables. Discuss your findings.
Based on the results in parts (2) and (3), do you believe another regression model may be more appropriate? Estimate this model, and discuss your results.

What conclusions and recommendations can you derive from your analysis? What universities are achieving a substantially higher alumni giving rate than would be expected, given their Graduation Rate, % of Classes Under 20, and Student/Faculty Ratio? What universities are achieving a substantially lower alumni giving rate than would be expected, given their Graduation Rate, % of Classes Under 20, and Student/ Faculty Ratio? What other independent variables could be included in the model?

Reference no: EM133736161

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