Use the data in the data file named Student GPA, which is described in the Chapter 11 appendix, to develop a model to predict a student's grade point average in economics. Begin with the variables ACT scores, gender, and HSpct.
a. Use appropriate statistical procedures to choose a subset of statistically significant predictor variables.
Describe your strategy and carefully define your final model.
b. Discuss how this model might be used as part of the college's decision process to select students for admission.