Looking for Help with an Assignment? Connect with an Expert Now!

multiple regression model

multiple regression model. Instructions: 

The Excel file for this assignment contains a database with information about the tax assessment value assigned to medical office buildings in a city. The following is a list of the variables in the database:

  • FloorArea: square feet of floor space
  • Offices: number of offices in the building
  • Entrances: number of customer entrances
  • Age: age of the building (years)
  • AssessedValue: tax assessment value (thousands of dollars)

Use the data to construct a model that predicts the tax assessment value assigned to medical office buildings with specific characteristics.

  • Construct a scatter plot in Excel with FloorArea as the independent variable and AssessmentValue as the dependent variable. Insert the bivariate linear regression equation and r^2 in your graph. Do you observe a linear relationship between the 2 variables?
  • Use Excel’s Analysis ToolPak to conduct a regression analysis of FloorArea and AssessmentValue. Is FloorArea a significant predictor of AssessmentValue?
  • Construct a scatter plot in Excel with Age as the independent variable and AssessmentValue as the dependent variable. Insert the bivariate linear regression equation and r^2 in your graph. Do you observe a linear relationship between the 2 variables?
  • Use Excel’s Analysis ToolPak to conduct a regression analysis of Age and Assessment Value. Is Age a significant predictor of AssessmentValue?

Construct a multiple regression model.

  • Use Excel’s Analysis ToolPak to conduct a regression analysis with AssessmentValue as the dependent variable and FloorAreaOfficesEntrances, and Age as independent variables. What is the overall fit r^2? What is the adjusted r^2?
  • Which predictors are considered significant if we work with α=0.05? Which predictors can be eliminated?
  • What is the final model if we only use FloorArea and Offices as predictors?
  • Suppose our final model is:
  • AssessedValue = 115.9 + 0.26 x FloorArea + 78.34 x Offices
  • What wouldbe the assessed value of a medical office building with a floor area of 3500 sq. ft., 2 offices, that was built 15 years ago? Is this assessed value consistent with what appears in the database?

Submit your assignment.

Resources

multiple regression model

Quick Quote

Approximately 250 words
Total price (USD) $: 10.99

Benefits of Accessing Our Paper Writing Service

Take a look at the characteristics of our custom essay writing service. We ensure that not only will your essay be delivered on schedule, but that it will also be of the finest possible quality.

Guaranteed Customer Satisfaction

We are always available to help with any revisions and deliver flawless results

Quick Results

Any deadline can be met. 400+ dedicated writers are waiting to finish your essay in as little as three hours.

Support is available

We’re here for you at all times and can answer in as little as one minute.

All papers reviewed

We examine our own database of completed orders to ensure that you always get original work.

Student Feedback on Our Paper Writers

Your feedback is our primary tool for development. We help you get A’s, and you help us improve as an essay paper writing service. Check out what your peers are saying about us.

How Our Essay Service Works

Image showing step 1 of making an order

1. Complete Order Form

  • Choose the type of assignment, topic, subject, length, and deadline for your paper.
  • Indicate the following order parameters: service, chosen writer level, number of cited sources, and citation style.
  • Add your document or provide instructions for paper in a specific form.
Image showing how to make payment for your order

2. Select Writer

  • Log in using your email address or your Facebook account.
  • A list of suitable writers will be offered to you. Before making a selection, you can read testimonials or engage in a Live Chat with authors.
  • Check your balance and, if necessary, add funds to your account. Here you will also find exclusive bargains.
  • Put money into the account of the chosen writer.
Image showing how to download your completed results

3. Receive your Paper

  • You will receive the paper. You have the option of requesting modifications if they are required. Before giving it back to the writer, make a list of the adjustments that need to be made.
  • Accept the paper and send the money to the author.
  • Rate your writer, submit your request, then sit back and enjoy the results.

Frequently Asked Questions

Is your service free of plagiarism?

Absolutely! Every paper is written from scratch by EssayHelpMarket writers and double-checked for plagiarism using our plagiarism detection software. We will never provide you pre-written essays or papers that include copied text.

Is it possible to compose essays for free?

Our writers are independent contractors who charge for their services because writing essays is what they do for a living. There’s always the option to save money by choosing a longer deadline, buying fewer pages, or asking editing rather than writing.

Is it possible to get an expert on any essay topic?

Yes, of course! We worked very hard to discover the top essay writers who were knowledgeable in any field, including the most difficult ones such as physics, engineering, and information technology.

Is it safe to buy essays online?

You don’t have to be concerned about security because all payments are encrypted. We’ve been validated by MasterCard, Visa, American Express, and Discovery. Your personal information is not accessible to the EssayHelpMarket essay service. A money-back guarantee is also included.

Is it legal to use your writing service?

Our service is lawful, and hundreds of students use it every day. You may read testimonials about our custom essay writing service on the internet.

How quickly can your service finish an essay?

A brief essay takes at least 3 hours to complete. Please contact us ahead of time if you require assistance with a more intricate or lengthy document. Your writing assistant will have more time to analyze and generate a high-quality essay.