BUSN 311 Unit 5 - Regression Analysis Solutions

Answer:

TEST #1: Regression Analysis- Benefits & Intrinsic:

Here the independent variable is Benefits and the dependent variable is Intrinsic.

The Regression analysis of the data as follows

The slop of the model is this means that if we change one unit in Benefits then increase in the Intrinsic by unit.

And the y intercept is means the value of the dependent variable "Intrinsic" when the independent variable "Benefits" is zero, and the equation of the model is Intrinsic * Benefits.

The R2 which means the model explain % variation of the total variation.

Now the scatter plot of the data points is looks like this and the regression line presents on the scatter plot is...