Question: MBA 616 Regression Analysis After analyzing Bike Buyer data, Use Yearly Income as a dependent variable. What are independent variables? Why can't we use Bike

MBA 616

Regression Analysis

After analyzing Bike Buyer data,

  1. Use "Yearly Income" as a dependent variable. What are independent variables? Why can't we use "Bike Buyer" as a dependent variable?
    1. DV: Yearly Income.
    2. IVs:
    3. Why can't we use "Bike Buyer" as a dependent variable?

  1. How much of the variance of dependent variable can be explained by the variance of the independent variables?

  1. Is the regression equation valid at 5% significance level?

  1. Are independent variables valid to explain the dependent variable at 5% significance level?

  1. What predictor is the most important to explain the dependent variable?

  1. What does "Beta in Standardized Coefficient" mean, compared "Predictor Importance"?

  1. Develop regression equation.

  1. Capture the result of the analysis.

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