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Florida Atlantic University Multiple Regression Test of Data On Public Employees

Question Description

I’m working on a business question and need guidance to help me understand better.

Assignment 5 is an individual-based project which requires you to conduct a multiple linear regression analysis of a quantitative independent variables and pay rate. In doing so, you must do the following:

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  • Conduct a regression analysis for a quantitative independent variables and the rate of pay;
  • Determinte the model fit (amount of variation explained by the model);
  • Test significance of the estimated regression coefficients at 5% level of significance
  • Specify the estimated regression model;
  • Conduct predictions using the estimate model

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After completing items 1 – 5, the following is required:

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  • Prepare the report on the analyses conducted;
  • Prepare the table summarizing estimated regression coefficients and their significance
  • Predict the expected hourly pay rate for the following groups of employees and summarize your predictions in a table:
    • A full-time Black male with 5 years of service in Police department;
    • A part-time Black male with 5 years of service in Police department;
    • A part-time White female with 10 years of service in Police department;
    • A part-time White male with 10 years of service in Police department;
    • A full-time Hispanic male with 5 years of service in Fire department;
    • A full-time White male with 5 years of service in Fire department;
    • A full-time Black male with 5 years of service in Fire department.
  • Attach the Excel spreadsheets that contain the statistical output. Failure to attach the Excel spreadsheets to the assignment to verify that you performed the analysis will result in a 30 point deduction.

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The required structure of this written assignment is as follows:

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Cover Sheet

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I. Executive Summary
a. Research question; b. Data and Method; c. Main Conclusions

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II. Background (lit review)

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III. Problem Statement (Research question)

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IV. Analysis (Data and Method; Results)

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V. Conclusions and Recommendations (findings and policy implications)

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VI. Bibliography

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VII. Appendecies

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