multiple regression

profileprofessor_wood
multiple_regression_requirements.docx

Ok so I know you worked hard on the multiple regression you did for me but I can not use it the way it is. However, keep that money and let us just start over as new. It was my fault for explaining what I needed poorly. I want to clarify what is required.

Here is the section of my paper that I need the regression for:

“Considering that even using the best current indicators fluctuating fuel prices that change the mean difference between the two fuel sources are likely and unpredictable a multiple regression would be performed. The dependent variable would be the amount in dollars saved and the independent variables would include the calculated means of the variables listed above. A separate multiple regression would be performed using changing fuel prices as the independent variables.”

I need a multiple regression that uses dollars saved as the dependent variable

The independent variables will be:

Mean difference purchase cost

8000

Mean difference fuel per mile cost

0.06

Mean difference service life

20

Mean difference maintenance cost

0.02

A second multiple regression will show dollars saved as the dependent variable

And the independent variables would be changing fuel prices (mean difference between propane and diesel)

0.05 cents

0.10

0.15

0.20

0.25

0.30

0.35

0.40

0.45

0.50

The completed regressions and charts should allow me to analyze and discuss the advantages and savings of using propane of diesel fuel for a fleet of delivery trucks.