Show me the steps to develop multiple regression model Refer to Dataset$1.$ The MBA program at a large university is facing a pleasant problem $-$ too many applicants. The

current admissions policy requires students to have completed at least $3$ years of work experience and an

undergraduate degree with a B $-$ average or better.

Until $3$ years ago, the school admitted any applicant who met these requirements. However, because the program

recently converted from a $2-$year program to a $1-$year program, the number of applicants has increased

substantially. The dean, who teaches statistics courses, wants to raise the admissions standards by developing a

method that more accurately predicts how well an applicant will perform in the MBA program. MBA GPA is the

dependent variable.

a$.$ Develop a multiple regression model. Interpret the coefficients.

b$.$ Test to determine which of the independent variable$($s$)$ are statistically significant. Assume the level of

significance is $5\%.$