Question: Problem Solving 1: PLEASE GIVE ME NEW AND DIFFERENT ANSWER NOT SAME BEFORE AS EVERYONE In order to monitor and improve it productivity, a company
Problem Solving 1:
PLEASE GIVE ME NEW AND DIFFERENT ANSWER NOT SAME BEFORE AS EVERYONE
In order to monitor and improve it productivity, a company made an investigation and found out that the factors that affect the productivity the most are the absenteeism and the training sessions. The company data analytics department have collected data about the three variables (Productivity, Absenteeism, and Training Sessions) for the 12 past years as shown in the table below. Now the purpose of the company is to determine, through regression analysis, which of the two factors affects the productivity the most, then use that factor to forecast future productivities.
| Year | Absenteeism (in number of absent worker) | Training sessions (in number of training Days) | Productivity (in Million AED) |
| 1 | 20 | 44 | 308 |
| 2 | 35 | 72 | 267 |
| 3 | 15 | 50 | 330 |
| 4 | 20 | 88 | 341 |
| 5 | 42 | 28 | 213 |
| 6 | 52 | 19 | 164 |
| 7 | 74 | 49 | 98 |
| 8 | 48 | 76 | 217 |
| 9 | 37 | 65 | 254 |
| 10 | 11 | 32 | 340 |
| 11 | 18 | 44 | 314 |
| 12 | 63 | 38 | 129 |
Questions:
- Construct a scatter diagram for the data about productivity and absenteeism then interpret the possible relationship that can be found.
- Construct a scatter diagram for the data about productivity and training sessions then interpret the possible relationship that can be found.
- Construct a simple regression model to predict the annual productivity by the variable Absenteeism. What is the interpretation that can be made based on the regression results?
- Construct a simple regression model to predict the annual productivity by the variable Training Sessions. What is the interpretation that can be made based on the regression results?
- Find r2 for the two regression models constructed earlier. Which factor explains the variable Productivity the most?
- Calculate the prediction error for the annual productivity when the absenteeism value is equal to 11 and 63 days, based on the corresponding regression model constructed previously.
- For the regression model of the annual productivity by the variable Absenteeism, draw the errors graph and check if the model respects the regression assumptions or not.
- For the regression model of the annual productivity by the variable Training sessions, construct the ANOVA table for the regression model. Then perform the significance test for = 0.05 and what conclusion can be drawn from the obtained results?
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