Question: Below i s the question from m y statistics class and m y answer about multiple regression. Are m y IVs i n the correct
Below the question from statistics class and answer about multiple regression. Are IVs the correct order? how good the equation? The professor used parenthesis Should I include the coefficients not? Class Question:
Choose model that you would like assess and indicate how you would enhance the traditional include expanded error. Your answer can simple with the traditional model and then the enhanced model with expanded error. Indicate how the dependent variable and independent variables relationships might change the expanded errors are allowed correlate. The traditional formula : When allow for expanded error have
Please include the one dependent variable and a minimum three and more than five independent variables your answer.
Class Answer:
A Model assess Operations Research System Analyst Productivity.
The dependent variable productivity score
The independent variables are:
years experience
training per year
number completed projects year
position supporting role
When expanded errors are allowed, the model becomes:
where through are the coefficients and through are the expanded error terms.
The coefficients through will capture the main effects the independent variables, while the expanded error terms account for correlated errors.
allow the errors correlate the greatest correlated errors might occur between:
experience and training: more experienced ORSAs are receiving less training and are negatively correlated this might indicate that more experienced ORSAs benefit less from training training may have less impact more experienced ORSAs, potentially reducing productivity
and training: Those lead positions might receive require different training levels compared those supporting roles, leading a potential correlation here well. Misaligned training for leads might reduce their productivity.
experience and completed projects: More experienced ORSAs might complete more projects, leading a positive correlation between these errors, suggesting that experience contributes directly project completion, which turn affects productivity.
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