Question: Century National Bank Data. Using Che... | Chegg.com click Refer to the Century National Bank data. Using checking account balance as the dependent variable and
Century National Bank Data. Using Che... | Chegg.com
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Refer to the Century National Bank data. Using checking account balance as the dependent variable and using as independent variables the number of ATM transactions, the number of other services used, whether the individual has a debit card, and whether interest is paid on the particular account, write a report indicating which of the variables seem related to the account balance and how well they explain the variation in account balances. Should all of the independent variables proposed be used in the analysis or can some be dropped?
| Balance | ATM | Services | Debit | Interest | City |
| 1756 | 13 | 4 | 0 | 1 | 2 |
| 748 | 9 | 2 | 1 | 0 | 1 |
| 1501 | 10 | 1 | 0 | 0 | 1 |
| 1831 | 10 | 4 | 0 | 1 | 3 |
| 1622 | 14 | 6 | 0 | 1 | 4 |
| 1886 | 17 | 3 | 0 | 1 | 1 |
| 740 | 6 | 3 | 0 | 0 | 3 |
| 1593 | 10 | 8 | 1 | 0 | 1 |
| 1169 | 6 | 4 | 0 | 0 | 4 |
| 2125 | 18 | 6 | 0 | 0 | 2 |
| 1554 | 12 | 6 | 1 | 0 | 3 |
| 1474 | 12 | 7 | 1 | 0 | 1 |
| 1913 | 6 | 5 | 0 | 0 | 1 |
| 1218 | 10 | 3 | 1 | 0 | 1 |
| 1006 | 12 | 4 | 0 | 0 | 1 |
| 2215 | 20 | 3 | 1 | 0 | 4 |
| 137 | 7 | 2 | 0 | 0 | 3 |
| 167 | 5 | 4 | 0 | 0 | 4 |
| 343 | 7 | 2 | 0 | 0 | 1 |
| 2557 | 20 | 7 | 1 | 0 | 4 |
| 2276 | 15 | 4 | 1 | 0 | 3 |
| 1494 | 11 | 2 | 0 | 1 | 1 |
| 2144 | 17 | 3 | 0 | 0 | 3 |
| 1995 | 10 | 7 | 0 | 0 | 2 |
| 1053 | 8 | 4 | 1 | 0 | 3 |
| 1526 | 8 | 4 | 0 | 1 | 2 |
| 1120 | 8 | 6 | 1 | 0 | 3 |
| 1838 | 7 | 5 | 1 | 1 | 3 |
| 1746 | 11 | 2 | 0 | 0 | 2 |
| 1616 | 10 | 4 | 1 | 1 | 2 |
| 1958 | 6 | 2 | 1 | 0 | 2 |
| 634 | 2 | 7 | 1 | 0 | 4 |
| 580 | 4 | 1 | 0 | 0 | 1 |
| 1320 | 4 | 5 | 1 | 0 | 1 |
| 1675 | 6 | 7 | 1 | 0 | 2 |
| 789 | 8 | 4 | 0 | 0 | 4 |
| 1735 | 12 | 7 | 0 | 1 | 3 |
| 1784 | 11 | 5 | 0 | 0 | 1 |
| 1326 | 16 | 8 | 0 | 0 | 3 |
| 2051 | 14 | 4 | 1 | 0 | 4 |
| 1044 | 7 | 5 | 1 | 0 | 1 |
| 1885 | 10 | 6 | 1 | 1 | 2 |
| 1790 | 11 | 4 | 0 | 1 | 3 |
| 765 | 4 | 3 | 0 | 0 | 4 |
| 1645 | 6 | 9 | 0 | 1 | 4 |
| 32 | 2 | 0 | 0 | 0 | 3 |
| 1266 | 11 | 7 | 0 | 0 | 4 |
| 890 | 7 | 1 | 0 | 1 | 1 |
| 2204 | 14 | 5 | 0 | 0 | 2 |
| 2409 | 16 | 8 | 0 | 0 | 2 |
| 1338 | 14 | 4 | 1 | 0 | 2 |
| 2076 | 12 | 5 | 1 | 0 | 2 |
| 1708 | 13 | 3 | 1 | 0 | 1 |
| 2138 | 18 | 5 | 0 | 1 | 4 |
| 2375 | 12 | 4 | 0 | 0 | 2 |
| 1455 | 9 | 5 | 1 | 1 | 3 |
| 1487 | 8 | 4 | 1 | 0 | 4 |
| 1125 | 6 | 4 | 1 | 0 | 2 |
| 1989 | 12 | 3 | 0 | 1 | 2 |
| 2156 | 14 | 5 | 1 | 0 | 2 |
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