Question: 4. Run a linear regression analysis to examine what are the important factors that determine the revenue. More specifically, consider the following equation: [Revenue] =

4. Run a linear regression analysis to examine what are the important factors that determine the revenue. More specifically, consider the following equation:

[Revenue] = ?0

+ ?1 * [status]

+ ?2 * [number of visits]

+ ?3 * [Gender]

paste the Excel output below. (See lecture 11 materials for regression.)

Based on the regression, please answer question 4.1 and 4.2 . (Please highlight your choice.)

4.1. Among the independent variables, what is(are) the variable(s) whose impact(s) on the dependent variable(=revenue) is significantly different from zero (with ? = .05)? [16 points]a) statusb) visitc) visit and statusd) visit, status, and gender4.2. Given the estimated regression equation, what is the predicted revenue ($) from an AFC member with the following profile: [16 points]

- [status]: retired (=1)

- [number of visits]: 10 times

- [Gender]: Female (=1)

a) 716.0

b) 448.6

c) 482.6

d) 617.6

[Hint for 4.1: conduct the regression and read the 'P-value' for each coefficient. If P-value ?, thevariable does not have significant impact.]

DATA:

4. Run a linear regression analysis to examine what are the important

weight classes circuit station pool visits daypart doctor wom vert speaker location article other fitness social alenjoy 69 gender educatincome status WNWWWW WWHNAN ONN 0 OOHCO HMMOOOOOHCOMM HOOHOHN WWWNW

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