Question: please help me with specific excel instructions and answers: Week 6 Case Study (Case Study #5) [i] You continue to work with the general manager

please help me with specific excel instructions and answers:

Week 6 Case Study (Case Study #5)[i]

You continue to work with the general manager by trying to find additional variables to add to the model to improve predictions. You discover that some locations are close to an interstate highway whereas others are not. The general manager also tells you that he believes that the shops are busiest in the winter. You discover that half of the locations reported their data from a winter month. You decide to add the two new dummy variables for each location based on this information. You will use the Access and Winter worksheet in the QuickFix Vehicles Case Study Data.xlsx workbook for this case study. Using the additional variables, you decide to perform the following steps.

  1. Multiple Regression with Dummy Variables
    1. Run a multiple regression using the Bays, Population, Access, and Winter variables. Label your results in an Excel workbook using the prompt number.
    2. Write the regression equation for the Bays, Population, Access, and Winter model using the variable names, intercept coefficient, and slope coefficients from the regression output. Write your answer in the box below.

  1. Interpret the slope coefficients for the model. Write your answer in the box below.

  1. Is there individual significance for each variable for the Bays, Population, Access, and Winter model assuming alpha = 0.05? Write your answer in the box below.

  1. Multiple Regression with an Interaction Variable
    1. Create an interaction variable using Population and Access (Population X Access). Label your results in an Excel workbook using the prompt number.
    2. Run a multiple regression using the Bays, Population, Access, Winter, and Population X Access variables. Label your results in an Excel workbook using the prompt number.
    3. Write the regression equation for the Bays, Population, Access, Winter, and Population X Access model using the variable names, intercept coefficient, and slope coefficients from the regression output. Write your answer in the box below.

  1. Is there individual significance for each variable for the Bays, Population, Access, Winter, and Population X Access model assuming alpha = 0.05? Write your answer in the box below.

  1. Multiple Regression with an Interaction Variable Removing the Population Variable
    1. Since the Population variable is not individually significant, run a model using the Bays, Access, Winter, and Population X Access variables. Label your results in an Excel workbook using the prompt number.
    2. Write the regression equation for the Bays, Access, Winter, and Population X Access model using the variable names, intercept coefficient, and slope coefficients from the regression output. Write your answer in the box below.

  1. Is there individual significance for each variable for the Bays, Access, Winter, and Population X Accessmodel assuming alpha = 0.05? Write your answer in the box below.

  1. Select the best fitting model from Case Study #5 and provide an explanation of how you reached your conclusion including the measure of goodness-of-fit that you used. Write your answer in the box below.

  1. Indicate the percent of variation in Vehicles Served that is explained by the explanatory variables in overall best fitting model. Write your answer in the box below.

  1. Predict the number of vehicles served for a location where Bays is 4 and Population is 50,000 with convenient interstate access (Access = 1) in the winter (Winter = 1) using the Bays, Access, Winter, and Population X Access model. Remember that the data used population in thousands to develop the model so you will need to use 50 instead of 50,000 in the equation to calculate the predicted value. Write your answer in the box below.

  1. Modified Multiple Regression for Interval Estimation.
    1. Run a modified multiple regression model using Bays, Access, Winter, and Population X Access to construct a confidence interval and prediction interval for a location where Bays is 4 and Population is 50,000 with convenient interstate access (Access = 1) in the winter (Winter = 1) using the Bays, Access, Winter, and Population X Access model. Remember that the data uses population in thousands to develop the model so you will need to use 50 instead of 50,000 in the model. Label your results in an Excel workbook using the prompt number.
    2. Using the modified multiple regression model, construct the 95% confidence interval for the mean expected number of vehicles served for a location where Bays is 4 and Population is 50,000 with convenient interstate access (Access = 1) in the winter (Winter = 1). You can use the interval estimation tool provided in Canvas to assist with calculation of the interval. Label your results in an Excel workbook using the prompt number. Also, write your answer in the box below.

  1. Using the modified multiple regression model, construct the 95% prediction interval for the expected number of vehicles served for a location where Bays is 4 and Population is 50,000 with convenient interstate access (Access = 1) in the winter (Winter = 1). You can use the interval estimation tool provided in Canvas to assist with calculation of the interval. Label your results in an Excel workbook using the prompt number. Also, write your answer in the box below.

Vehicles ServedBaysPopulation in Thousands
200315
351322
382335
294352
223347
309326
302345
369325
312316
289310
304311
233315
313348
285351
298316
224334
403322
282312
299336
200315
366322
385335
291352
238347
308326
289345
368325
312316
292310
306311
226315
301348
278351
283316
233334
404322
278312
301336
214430
250437
288442
352445
345448
410462
259463
331454
401429
425437
428458
407419
340450
340438
328441
427451
330429
410442
339457
427460
403424
216430
254437
289442
359445
347448
399462
245463
316454
394429
421437
438458
410419
339450
355438
314441
433451
315429
396442
332457
437460
392424
325525
317529
344536
376539
369544
494572
377526
273566
273563
436525
377534
358565
355532
370571
357569
357525
353527
293535
366528
373562
457542
317525
316529
345536
379539
376544
498572
369526
287566
284563
440525
372534
373565
366532
368571
346569
359525
356527
282535
363528
372562
448542
318649
354654
512677
464674
402650
468666
485664
400647
380657
397638
394637
321640
395644
378676
459662
392636
393636
380660
397644
318649
363654
513677
453674
387650
480666
475664
391647
374657
382638
380637
323640
389644
382676
463662
394636
403636
374660
385644
495756
325757
509793
491786
520757
336779
328786
416785
508767
332746
432784
430763
411751
356772
503781
416774
335745
408746
418745
416758
509756
330757
523793
506786
535757
333779
318786
412785
518767
330746
446784
432763
420751
347772
488781
421774
350745
414746
416745
430758

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