Excel and sas
Using Excel(Go to HW folder for That’s Entertainment excel sheet) and perform the following tasks:
- Run a multiple regression model using all three variables simultaneously (TSLO, DOLL_CR, and NM_ORD) as your predictors and using the order indicator (ORDER) as the dependent variable.
- Examine the output. Do you see any problems with the coefficients that may be due to multicollinearity? If so, run a correlation analysis to confirm. What do you notice?
- If there is a problem with one of the variables being correlated with another, determine which variable to delete and rerun your model. Explain how you determined which variable to delete.
- Once all issues of multicollinearity are taken care of, examine the p-values associated with your predictor coefficients and comment?
- What is your final model?
- Now do the same thing with the cars data set in SAS (from SASHelp library) with at least four variables as predictors and one dependent variable. Interpret results.