5- Is the Average starting salary rate upon graduation X1 is related to the acceptance rate at...
Question:
5- Is the Average starting salary rate upon graduation X1 is related to the acceptance rate at the Universities X2? Data concerning a sample of 38 full-time MBA program offered by private universities. The variables collected for this sample are average starting salary upon graduation ($) X1, the percentage of applicants to the full-time program who were accepted X2, the average GMAT X3 test score of students entering the program, program per-year tuition ($) X3, and percent of students with job offers at time of graduation X5.
Download the Excel data File ?MBA?
Let:
X1 the average starting salary upon graduation.
X2 the acceptance rate,
X3 the average GMAT score
X4 the program per-year tuition,
X5 the rate of graduates employed at graduation,
5- Perform a residual analysis and analyze the residual plots for REG2. Determine whether the regression model is valid.