statistical analysis 7 1

The discussion requires a minimum of 300 words, 3 scholarly sources, including the textbook. Make sure that you use APA style with your references. Under no circumstances use any direct quotes. Any directly quoted or copied material will result in a zero for the assignment. Let’s be sure to write it in own work 100% and give appropriately when using someone’s else work.

Reference for textbook attached:

Mirabella, J. (2011). Introduction to Statistics. Nashville, TN: Savant Learning Systems.

This Unit covers Correlations and Regression. Define each of these statistical tools and provide an example for how you might use them at your organization.

1,500 word count and there is a total of 3 questions each (not including in-text citation and references as the word count), a minimum of 4 scholarly sources are required in APA format. For the 4 scholarly sources, one from the textbook that’s posted below and the other two from an outside source . Let’s be sure to write it in own work 100% and give appropriately when using someone’s else work. Under no circumstances use any direct quotes. Any directly quoted or copied material will result in a zero for the assignment.

Reference for textbook attached:

Mirabella, J. (2011). Introduction to Statistics. Nashville, TN: Savant Learning Systems.

Use the Student_Data which consists of 200 MBA students at Whatsamattu U. It includes variables regarding their age, gender, major, GPA, Bachelors GPA, course load, English speaking status, family, and weekly hours spent studying.

1 Does undergraduate success predict graduate success? While most people complete their bachelor’s degree during the daytime while taking multiple classes and not working full-time, those getting an MBA are typically taking one or two courses at a time, in the evening or on weekends, and while working and even supporting a family. Yet one would expect those who perform better in their bachelor’s degree will perform better in their master’s. Using a significance level of .05, test whether there is a correlation between the BS GPA and the MBA GPA. Also, answer the following:

a) What is the correlation coefficient & how strong is it?
b) What is the best fit regression equation that can predict the MBA GPA from the BS GPA?
c) What percent of the variability in the MBA GPA can be explained by the regression model?
d) What would you expect a student’s MBA GPA to be if he/she had a 3.50 BS GPA?

2 To get an even better model for predicting MBA performance, let’s look at many variables. Create a multiple regression model predicting the MBA GPA using the BS GPA, the Hours studied per week, the Gender of the student, whether the student works full-time, and the student’s age. Use a .05 significance level. After you create your model, predict the MBA GPA 40-year old student that studies 6 hours per week, works full-time, and had a 3.00 BS GPA.