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.

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BobGleaminBudgetWK7.xlsx

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-2

222700

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
213000 230100 222600 225800 87660 224900 221600 125100 215700 92530 217800 89700 229600 101500 115500 104500 69980 219400 64930 8.3000000000000004E-2 7.9000000000000001E-2 0.08 0.08 0.112 7.9000000000000001E-2 7.9000000000000001E-2 9.8000000000000004E-2 7.9000000000000001E-2 0.106 7.6999999999999999E-2 0.107 7.4999999999999997E-2 0.10199999999999999 9.7000000000000003E-2 0.10100000000000001 0.115 7.5999999999999998E-2 0.11700000000000001 Predicted 0.087 213000 230100 222600 225800 87660 224900 221600 125100 215700 92530 217800 89700 229600 101500 115500 104500 69980 219400 64930 8.0374759655289965E-2 7.6606489131244959E-2 7.825923936108925E-2 7.7554065929689026E-2 0.10799552149644798 7.7752395957270348E-2 7.8479606058401832E-2 9.9744992349065198E-2 7.9779769572546011E-2 0.10692233568053573 7.9316999508189615E-2 0.10754597343393033 7.6716672479901243E-2 0.10494564640564194 0.10186051264326591 0.10428454631370423 0.11189160470493427 7.8964412792489502E-2 0.11300445652636278