Session 1: Regression Analysis
Regression analysis
Regression analysis (slides)
KStat.xls
: Course software
Motorpool.xls
: Introductory dataset
A challenging and important question
"Should I use the most complete model available (i.e., should all
of the explanatory variables be included), or a partial model?"
Read
here
.
Assignment (after Session 1)
Work through the "Insurance Sales" dataset.
If time permits, also work through the "MacPherson" dataset.
Exercises
Discounts on automobile purchases
with answers (spreadsheet), and
slides
Success at selling insurance
with answers (Insurance_Sales.xls)
The effect of effort on sales
with answers (MacPherson.xls)
MBA post-graduate salaries
with answers (Starting_Salaries.xls)