Question: 5. Lastly, you are tasked with choosing a predictive model based on regression analysis, to help predict Salaries and related costs in future periods. There

5. Lastly, you are tasked with choosing a
5. Lastly, you are tasked with choosing a predictive model based on regression analysis, to help predict \"Salaries and related costs\" in future periods. There are five predictive multivariate regression models listed in Table 2, Panels A E. Which regression model would you select? Provide a justification for your selected regression model and include in this justification why you would not select the other regression models. Beware of multicollinearity! Multicollinearity occurs when two explanatory (independent) variables are highly correlated with each other. Typically, the coefficient of one of the variables will become statistically insignificant in the multi-variate regression, even if the overall model is statistically valid. Multicollinearity should be avoided. Your group's answers to questions 4 and 5 should be submitted in standard memo format, with a 2 page maximum. If you use any additional analyses as support for your explanations andfor justifications, you can submit these as an additional file put the additional analyses in one Excel workbook, well organized and adequately labeled

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