Question: Start within the Data worksheet and run a multiple linear regression of 5 Year Average Return on Net Asset Value ( $ ) , Expense
Start within the Data worksheet and run a multiple linear regression of Year Average Return on
Net Asset Value $ Expense Ratio and the Fundtype dummies; and select cell E in the Model
worksheet as Output Range. We call this Model Answer the following questions within the Model
Worksheet. Use International Equity as the base case.
a pts Provide the Fstatistic value to test that the regression model of Year Average Return on
Net Asset Value $ Expense Ratio and the Fundtype dummies is significant.
b pts What proportion of total variability in Year Average Return is explained by the regression
on Net Asset Value $ Expense Ratio and the Fundtype dummies
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