biam 400 lab 07 1

Deliverables

After completing the steps below, prepare and submit an Excel document and a Word document.

Category
Steps 1 and 2: Lab prep with reading assignments, PowerPoints, lesson, and lab videos is completed.
Steps 3 and 4: Interpretation and analysis from the video for the results of the histogram. Specifically address the nature of the distribution that would best represent the data.
Step 5: Write an interpretation (again, no more than a page) of the scatter plots. Consider first the scatter plot describing the relation between the independent variables and the dependent variable.
Step 6: Next, comment on whether any relation exists between pairs of variables.
Step 7: Now, consider the multiple regression equation. Write roughly a page indicating what the equation tells us.
Step 8: Consider next the statistics describing the regression. Write approximately a half page about the following: R-square, adjusted R-squared, standard error of the estimate, and prediction of future months and confidence in the prediction (this may exceed a half page). Note: Ignore the dummy variable analysis in the video.