Discuss the dependent variable and independent variables. Explain why you think they are related. (CONSIDER DEPENDENT AS
Fantastic news! We've Found the answer you've been seeking!
Question:
Discuss the dependent variable and independent variables. Explain why you think they are related. (CONSIDER DEPENDENT AS HOME PRICE AND INDEPENDENT AS GDP and INFLATION)
- Describe the relationship between variables by using scatter plot, computing correlation coefficient, constructing a multiple linear regression model.
- Report the regression results, significance testing results. Interpret the results.
- Conclusion.
Date | GDP | house price | Inflation |
1/1/2012 | 3.3 | 310.04 | -0.466 |
4/1/2012 | 1.8 | 308.63 | -0.225 |
7/1/2012 | 0.7 | 312.75 | 0.065 |
10/1/2012 | 0.4 | 315.19 | 0.626 |
1/1/2013 | 3.5 | 316.77 | 0.989 |
4/1/2013 | 0.6 | 321.61 | 1.061 |
7/1/2013 | 3.2 | 326.24 | 1.471 |
10/1/2013 | 2.9 | 328.85 | 1.896 |
1/1/2014 | -1.4 | 331.58 | 2.386 |
4/1/2014 | 5.2 | 337.99 | 2.899 |
7/1/2014 | 4.7 | 342.9 | 3.19 |
10/1/2014 | 1.8 | 345.67 | 3.071 |
1/1/2015 | 3.3 | 349.48 | 2.643 |
4/1/2015 | 2.3 | 355.16 | 3.141 |
7/1/2015 | 1.3 | 360.2 | 3.39 |
10/1/2015 | 0.6 | 363.12 | 3.288 |
1/1/2016 | 2.4 | 366.46 | 3.343 |
4/1/2016 | 1.2 | 373.33 | 3.992 |
7/1/2016 | 2.4 | 379.98 | 4.382 |
10/1/2016 | 2 | 382.94 | 4.876 |
1/1/2017 | 1.7 | 385.74 | 5.497 |
4/1/2017 | 2 | 394.37 | 5.758 |
7/1/2017 | 3.4 | 400.46 | 6.142 |
10/1/2017 | 4.1 | 403.79 | 6.818 |
1/1/2018 | 2.8 | 409.47 | 7.588 |
4/1/2018 | 2.8 | 417.04 | 8.166 |
7/1/2018 | 2.9 | 422.12 | 8.552 |
10/1/2018 | 0.7 | 423.58 | 8.961 |
1/1/2019 | 2.2 | 428.3 | 9.188 |
4/1/2019 | 2.7 | 435.43 | 9.857 |
7/1/2019 | 3.6 | 440.98 | 10.144 |
10/1/2019 | 1.8 | 444.9 | 10.543 |
1/1/2020 | -4.6 | 450.06 | 10.946 |
4/1/2020 | -29.9 | 454.53 | 10.445 |
7/1/2020 | 35.3 | 462.47 | 11.366 |
10/1/2020 | 3.9 | 472.64 | 11.821 |
1/1/2021 | 6.3 | 483.97 | 13.059 |
4/1/2021 | 7 | 510.9 | 14.838 |
7/1/2021 | 2.7 | 539.37 | 16.413 |
10/1/2021 | 7 | 558.02 | 18.173 |
1/1/2022 | -1.6 | 578.63 | 20.323 |
4/1/2022 | -0.6 | 618.03 | 22.459 |
7/1/2022 | 3.2 | 628.55 | 23.76 |
10/1/2022 | 2.7 | 623.66 | 17.596 |
Answer Above questions for the given data.
.
Related Book For
Data Analysis and Decision Making
ISBN: 978-0538476126
4th edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
Posted Date: