Explaining the significance of the regression

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Reference no: EM131187248

You have been assigned the task of creating a multiple regression equation of at least three variables that explains Microsoft's annual sales.

Consider using a time series of data of at least 10 years. You can search for this data using the Internet.

• Before running the regression, predict what sign each variable will be and explain why you make that prediction.

• After running the regression, interpret the regression.

• Does the regression fit the data well?

• Does each predictor play a significant role in explaining the significance of the regression?

• Are some predictors not useful?

• If so, did you consider removing those and rerunning the regression?

• Are the predictors related too significantly to one another?

Reference no: EM131187248

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