Question: and one dependent variable in your model. Explain the output of the regression analysis. d ) Generate a table displaying the essential regression output parameters
and one dependent variable in your model. Explain the output of the regression analysis.
d Generate a table displaying the essential regression output parameters for Part A B and C Organize
the rows to encompass all pertinent regression output parameters, and create columns for Part A B C
and Address the following questions:
Is there any enhancement observed in your model as you introduce more variables into the regression
analysis? Which model offers a more effective regression analysis?
e Utilize the correlation coefficient to assess whether there exists a linear relationship between a
customer's annual income and the number of years of posthigh school education. Please explain if there
is or is not a linear relationship.
Apply following forecasting approaches for "Outstanding Debt Annual" spreadsheet and find the best
method by comparing Mean Absolute Percentage Error MAPE
a Nave forecast
b Moving average select a random value
c Exponential smoothing method with damping factor of
d Linear trend projection
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