Stevens Institute of Technology Multiple Linear Regression Model HW10 Using the data in the Excel file Home Market Value, develop a multiple linear regression model for estimating the market value as a function of both the age and size of the house. Predict the value of a house that is 30 years old and has 1,800 square feet, and one that is 5 years old and has 2,800 square feet.The Excel file Cereal Data provides a variety of nutritional information about 67 cereals and their shelf location in a supermarket. Use regression analysis to find the best model that explains the relationship between calories and the other variables. Investigate the model assumptions and clearly explain your conclusions. Keep in mind the principle of parsimony! The Excel file Salary Data provides information on current salary, beginning salary, previous experience (in months) when hired, and total years of education for a sample of 100 employees in a firm. Develop a multiple regression model for predicting current salary as a function of the other variables. Find the best model for predicting current salary using the t-value criterion.
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