Write a minimum 4 page report explaining the results from your analysis of the ROI of Business Majors and Engineering Majors. Use your results from each week’s assignment to make this report.
Business Major
| School Type | Cost | 30 Year ROI | Annual ROI | |||||||||
| Private | $222,700.00 | $1,786,000.00 | 7.70% | SUMMARY OUTPUT | ||||||||
| Private | $176,400.00 | $1,758,000.00 | 8.40% | |||||||||
| Private | $212,200.00 | $1,714,000.00 | 7.80% | Regression Statistics | ||||||||
| Public | $125,100.00 | $1,535,000.00 | 9.10% | Multiple R | 0.9787209512 | |||||||
| Private | $212,700.00 | $1,529,000.00 | 7.40% | R Square | 0.9578947004 | |||||||
| Public | $92,910.00 | $1,501,000.00 | 10.10% | Adjusted R Square | 0.955417918 | |||||||
| Private | $214,900.00 | $1,485,000.00 | 7.30% | Standard Error | 0.0023845146 | |||||||
| Private | $217,800.00 | $1,483,000.00 | 7.20% | Observations | 19 | |||||||
| Private | $225,600.00 | $1,444,000.00 | 7.00% | |||||||||
| Private | $217,300.00 | $1,442,000.00 | 7.10% | ANOVA | ||||||||
| Private | $226,500.00 | $1,441,000.00 | 7.00% | df | SS | MS | F | Significance F | ||||
| Private | $215,500.00 | $1,438,000.00 | 7.20% | Regression | 1 | 0.0021990237 | 0.0021990237 | 386.7496502319 | 0 | |||
| Private | $223,500.00 | $1,428,000.00 | 7.00% | Residual | 17 | 0.0000966605 | 0.0000056859 | |||||
| Private | $226,600.00 | $1,414,000.00 | 7.00% | Total | 18 | 0.0022956842 | ||||||
| Private | $189,300.00 | $1,397,000.00 | 7.50% | |||||||||
| Public | $89,700.00 | $1,382,000.00 | 9.90% | Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | |
| Public | $87,030.00 | $1,376,000.00 | 10.00% | Intercept | 0.1185746794 | 0.002121554 | 55.8904834691 | 1.03615220115437E-20 | 0.1140985917 | 0.1230507671 | 0.1140985917 | 0.1230507671 |
| Private | $218,200.00 | $1,343,000.00 | 6.90% | 222700 | -0.0000002158 | 0.000000011 | -19.6659515466 | 0 | -0.0000002389 | -0.0000001926 | -0.0000002389 | -0.0000001926 |
| Private | $229,900.00 | $1,339,000.00 | 6.70% | |||||||||
| Private | $148,800.00 | $1,321,000.00 | 8.10% | |||||||||
| Best College ROI by Majo 2013: Payscale.com | ||||||||||||
| RESIDUAL OUTPUT | ||||||||||||
| Observation | Predicted 0.077 | Residuals | ||||||||||
| 1 | 0.0805154177 | 0.0034845823 | ||||||||||
| 2 | 0.0727913725 | 0.0052086275 | ||||||||||
| 3 | 0.0915836724 | -0.0005836724 | ||||||||||
| 4 | 0.0726834948 | 0.0013165052 | ||||||||||
| 5 | 0.0985288404 | 0.0024711596 | ||||||||||
| 6 | 0.0722088328 | 0.0007911672 | ||||||||||
| 7 | 0.071583142 | 0.000416858 | ||||||||||
| 8 | 0.0699002495 | 0.0000997505 | ||||||||||
| 9 | 0.0716910197 | -0.0006910197 | ||||||||||
| 10 | 0.0697060696 | 0.0002939304 | ||||||||||
| 11 | 0.0720793795 | -0.0000793795 | ||||||||||
| 12 | 0.0703533359 | -0.0003533359 | ||||||||||
| 13 | 0.069684494 | 0.000315506 | ||||||||||
| 14 | 0.0777321724 | -0.0027321724 | ||||||||||
| 15 | 0.0992214154 | -0.0002214154 | ||||||||||
| 16 | 0.0997974824 | 0.0002025176 | ||||||||||
| 17 | 0.0714968398 | -0.0024968398 | ||||||||||
| 18 | 0.068972501 | -0.001972501 | ||||||||||
| 19 | 0.0864702682 | -0.0054702682 |
222700 Line Fit Plot
176400 212200 125100 212700 92910 214900 217800 225600 217300 226500 215500 223500 226600 189300 89700 87030 218200 229900 148800 8.4000000000000005E-2 7.8E-2 9.0999999999999998E-2 7.3999999999999996E-2 0.10100000000000001 7.2999999999999995E-2 7.1999999999999995E-2 7.0000000000000007E-2 7.0999999999999994E-2 7.0000000000000007E-2 7.1999999999999995E-2 7.0000000000000007E-2 7.0000000000000007E-2 7.4999999999999997E-2 9.9000000000000005E-2 0.1 6.9000000000000006E-2 6.7000000000000004E-2 8.1000000000000003E-2 Predicted 0.077 176400 212200 125100 212700 92910 214900 217800 225600 217300 226500 215 500 223500 226600 189300 89700 87030 218200 229900 148800 8.051541770169697E-2 7.2791372523244413E-2 9.1583672384786791E-2 7.2683494797288389E-2 9.8528840381836708E-2 7.2208832803081796E-2 7.1583141992536764E-2 6.9900249467622522E-2 7.1691019718492802E-2 6.970606956090164E-2 7.2079379531934551E-2 7.0353335916637894E-2 6.9684494015710446E-2 7.7732172372031103E-2 9.9221415382474504E-2 9.9797482439079765E-2 7.1496839811771934E-2 6.8972501024400557E-2 8.6470268174470427E-2222700
0.077
Engineering Major
| School Type | Cost | 30 Year ROI | Annual ROI | |||||||||
| Private | $221,700.00 | $2,412,000.00 | 8.70% | SUMMARY OUTPUT | ||||||||
| Private | $213,000.00 | $2,064,000.00 | 8.30% | |||||||||
| Private | $230,100.00 | $1,949,000.00 | 7.90% | Regression Statistics | ||||||||
| Private | $222,600.00 | $1,947,000.00 | 8.00% | Multiple R | 0.9837243039 | |||||||
| Private | $225,800.00 | $1,938,000.00 | 8.00% | R Square | 0.9677135062 | |||||||
| Public | $87,660.00 | $1,937,000.00 | 11.20% | Adjusted R Square | 0.9658143007 | |||||||
| Private | $224,900.00 | $1,915,000.00 | 7.90% | Standard Error | 0.002766586 | |||||||
| Private | $221,600.00 | $1,878,000.00 | 7.90% | Observations | 19 | |||||||
| Public | $125,100.00 | $1,854,000.00 | 9.80% | |||||||||
| Private | $215,700.00 | $1,794,000.00 | 7.90% | ANOVA | ||||||||
| Public | $92,530.00 | $1,761,000.00 | 10.60% | df | SS | MS | F | Significance F | ||||
| Private | $217,800.00 | $1,752,000.00 | 7.70% | Regression | 1 | 0.0038999873 | 0.0038999873 | 509.5359594271 | 0 | |||
| Public | $89,700.00 | $1,727,000.00 | 10.70% | Residual | 17 | 0.000130118 | 0.000007654 | |||||
| Private | $229,600.00 | $1,716,000.00 | 7.50% | Total | 18 | 0.0040301053 | ||||||
| Public | $101,500.00 | $1,703,000.00 | 10.20% | |||||||||
| Public | $115,500.00 | $1,694,000.00 | 9.70% | Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | |
| Public | $104,500.00 | $1,690,000.00 | 10.10% | Intercept | 0.1273128662 | 0.0017012144 | 74.8364599809 | 7.3896489481079E-23 | 0.1237236175 | 0.1309021149 | 0.1237236175 | 0.1309021149 |
| Public | $69,980.00 | $1,685,000.00 | 11.50% | 221700 | -0.0000002204 | 0.0000000098 | -22.5729032122 | 0 | -0.000000241 | -0.0000001998 | -0.000000241 | -0.0000001998 |
| Private | $219,400.00 | $1,676,000.00 | 7.60% | |||||||||
| Public | $64,930.00 | $1,668,000.00 | 11.70% | |||||||||
| RESIDUAL OUTPUT | ||||||||||||
| Observation | Predicted 0.087 | Residuals | ||||||||||
| 1 | 0.0803747597 | 0.0026252403 | ||||||||||
| 2 | 0.0766064891 | 0.0023935109 | ||||||||||
| 3 | 0.0782592394 | 0.0017407606 | ||||||||||
| 4 | 0.0775540659 | 0.0024459341 | ||||||||||
| 5 | 0.1079955215 | 0.0040044785 | ||||||||||
| 6 | 0.077752396 | 0.001247604 | ||||||||||
| 7 | 0.0784796061 | 0.0005203939 | ||||||||||
| 8 | 0.0997449923 | -0.0017449923 | ||||||||||
| 9 | 0.0797797696 | -0.0007797696 | ||||||||||
| 10 | 0.1069223357 | -0.0009223357 | ||||||||||
| 11 | 0.0793169995 | -0.0023169995 | ||||||||||
| 12 | 0.1075459734 | -0.0005459734 | ||||||||||
| 13 | 0.0767166725 | -0.0017166725 | ||||||||||
| 14 | 0.1049456464 | -0.0029456464 | ||||||||||
| 15 | 0.1018605126 | -0.0048605126 | ||||||||||
| 16 | 0.1042845463 | -0.0032845463 | ||||||||||
| 17 | 0.1118916047 | 0.0031083953 | ||||||||||
| 18 | 0.0789644128 | -0.0029644128 | ||||||||||
| 19 | 0.1130044565 | 0.0039955435 |