Question: 1. Develop a single regression equation for starting salaries using an independent variable that has closest relationships with the salaries. Explain how you chose this

1. Develop a single regression equation for starting salaries using an independent variable that has closest relationships with the salaries. Explain how you chose this variable. 2. Present the simple regression equation, identify and analyze coefficient of determination, intercept and regression coefficient, and significance of F-test. Based on this analysis, is your regression equation ngod for use? Explain. 3. Provide an example of how this regression equation may be used to project starting salaries. 4. Develop a multiple regression equation for starting salaries using School_Ranking, GPA, and Experience as independent variables. Is this regression equation ngod for use? Explain. 5. If the multiple regression equation in the previous question is not ngod for use, how would you suggest improving this multiple regression equation? Present the improved multiple regression equation. Show an example of how this improved multiple regression equation may be used to project

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