provide answers for ALL STEPS required for a complete regression analysis as outlined in class

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Out-of-state tuition and fees at the top graduate schools of business can be very expensive but the Show more Out-of-state tuition and fees at the top graduate schools of business can be very expensive but the starting salary and bonus paid to graduates from many of these schools can be substantial. The following data show the out-of-state tuition and fees (rounded to the nearest ) and the average starting salary and bonus paid to recent graduates (rounded to the nearest ) for a sample of graduate schools of business (U.S. News & World Report 2009 Edition Americas Best Graduate Schools). a. Identify the response variable and explanatory variable for this exercise. b. Perform a COMPLETE LINEAR REGRESSION ANALYSIS for this problem. Follow and provide answers for ALL STEPS required for a complete regression analysis as outlined in class. Make sure you state the appropriate hypotheses decision rule decision and conclusion for any test of significance (Use alpha = .05). Show less

 

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