Correlation and Regression Analysis II
This project entails systematic extraction of decision-aiding insights from a sample dataset provided for this assignment. The goal of this project is to interpret different types of statistical analysis. The focus of this analysis will be on marketing strategies and analysis-related topics. Conduct a correlation and regression analysis using the provided Sample Data Set.
- Correlation: Compute a correlation matrix that includes all continuous variables. Identify all individual correlations that are significant at the 95 percent level.
- Regression: Build a multiple regression model to explain the variability in the median school year. Describe the goodness of fit of your model and summarize your findings. Select at least four to seven similar independent variables from the remaining forty-nine measures and justify your selection.
Submit your response in Microsoft Excel.
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