Question: !Do all calculations witin excel! !Please show formulas if used! 2. The sample data found in Moving Data have been collected by the owner of
!Do all calculations witin excel!
!Please show formulas if used!
2. The sample data found in Moving Data have been collected by the owner of a moving company who wishes to predict the total number of labor hours that will be required to complete future moving jobs . The owner has gathered data from previous jobs on labor hours , the number of cubic feet moved the number of pieces of large furniture and whether or not there is an elevator in the building .
Apply the use of binary variables.
A) Which variables are the explanatory (independent ) variables?
B) Which variable is the response ( dependent ) variable?
Run the correlation analysis to produce the correlation matrix .
C) Which independent variables appear to have high correlation with the response variable?
D) Is there any indication of multicollinearity (correlation between the independent variables )
Run the regression analysis ( use all of the data )
E) What is the coefficient of multiple determination - how would you interpret it?
F) Write the hypotheses for the Global Test of the slopes .


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