Using the xr17-07 dataset and microsoft excel build and

Reference no: EM13471549

Using the XR17-07 dataset and Microsoft Excel, build and validate a multiple regression model. Explicitly describe the following:

• Choose the dependent as well as the independent variables. Why do you think are the selected independent variables expected to cause changes in the dependent variables?

• Assess the goodness of fit of your model.

• Interpret the coefficients of the regression model. Which independent variable has the strongest impact on the dependent variables? Which independent variable has the weakest impact?

• Summarize the key business takeaways from your model. Briefly describe what the model communicates.

Submit your response in a 2- to 3-page Microsoft Word document (copying any supporting parts of the Microsoft Excel output)

Reference no: EM13471549

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