Evolution college wants to predict delay by using industry, private, quality, completed 1. Develop the linear...

Question

Question

Evolution college wants to predict delay by using industry, private, quality, completed

1. Develop the linear regression model and explain the results of your linear regression model (i.e., p-value, R-square, and coefficient)

Answer 1

Answer #1

1. The linear regression model is = 80.43+11.94*Industry-4.82*Private-2.62*Quality-4.07*Completed

The coefficient of Industry, Quality and Completed are significant at 5 percent level as the P-value is less than 0.05

The R-square is 0.3826 means the model is able to capture 38.26 percent of variation

Answer 2

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