Calie has just been named the director of alumni relationships at a local university. Alumni donations are an important source of revenue for colleges and universities. If administrators could determine the factors that could lead to increases in the percentage of alumni who make a donation, they might be able to implement policies that could lead to increased revenues. Research shows that students who are more satisfied with their contact with teachers are more likely to graduate. As a result, one might suspect that smaller class sizes and lower student/faculty ration might lead to a higher percentage of satisfied graduates, which in turn might lead to increases in percentage of

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Calie has just been named the director of alumni relationships at a local university. Alumni donations are an important source of revenue for colleges and universities. If administrators could determine the factors that could lead to increases in the percentage of alumni who make a donation, they might be able to implement policies that could lead to increased revenues. Research shows that students who are more satisfied with their contact with teachers are more likely to graduate. As a result, one might suspect that smaller class sizes and lower student/faculty ration might lead to a higher percentage of satisfied graduates, which in turn might lead to increases in percentage of alumni who make a donation. 

 

Calie is feeling an extra pressure to increase total giving to the university because of recent budget cuts. Calie is also feeling pressured to increase the percentage of alumni to give. Calie found this new metric called average alumni giving rate U.S. News & World Report.  

 

To investigate further, Joseph needs to assemble the data on classes, graduation rates, and most important, alumni giving rates for top 123 colleges and universities based on alumni giving.   

 

The attached data base shows data of the top 123 colleges ranked by U.S. News & World Report.  

 

  1. Develop an estimated multiple linear regression model that could be used to predict the alumni giving rate using the graduation, % of Classes Under 20 (LT20), and Student/Faculty Ratio (SFR) as independent variables. Discuss your findings.
School SFR LT20 GT50 GRAD FRR GIVE
Arizona State 24 42% 16% 59% 81% 8%
Arkansas State—Jonesboro 19 49% 4% 37% 69% 11%
Auburn 18 24% 17% 66% 87% 31%
Air Force 8 74% 0.10% 81% 88% 11%
 Military Academy 8 95% 0% 86% 92% 28%
 Akron 20 39% 6% 35% 69% 15%
Arizona 20 35% 17% 60% 79% 5%
Arkansas 18 28% 18% 58% 83% 23%
Ball State  18 34% 12% 57% 78% 11%
Baylor  14 49% 9% 71% 85% 14%
Boise State  21 33% 11% 27% 67% 8%
Boston College 14 47% 6% 91% 96% 27%
Bowling Green State  19 33% 7% 61% 75% 8%
BYU 21 46% 12% 78% 84% 17%
SUNY 16 36% 21% 67% 88% 9%
Alabama 19 46% 16% 67% 85% 34%
Central Michigan 22 32% 11% 54% 78% 8%
Clemson  16 51% 13% 76% 91% 28%
Colorado State 18 34% 19% 64% 83% 7%
Berkley 17 62% 15% 91% 97% 12%
Cincinnati 17 38% 11% 56% 84% 11%
Boulder 18 38% 16% 68% 84% 8%
Fresno 20 18% 10% 49% 83% 4%
Duke  8 71% 6% 94% 97% 36%
East Carolina  17 33% 14% 57% 78% 5%
Eastern Michigan  18 39% 5% 38% 72% 3%
Florida Atlantic 21 27% 15% 42% 77% 4%
Florida International 28 23% 22% 46% 81% 6%
Florida State 22 35% 16% 74% 90% 19%
Connecticut 18 44% 17% 81% 93% 17%
Florida 21 41% 16% 84% 96% 15%
Georgia IoT 19 40% 23% 80% 93% 28%
Georgia State 20 14% 16% 48% 83% 6%
Georgia 19 35% 12% 82% 94% 14%
Hawaii 14 45% 10% 50% 78% 8%
Houston 23 28% 22% 46% 79% 13%
Indiana 19 34% 18% 71% 90% 16%
Iowa State 17 30% 20% 70% 85% 15%
Kansas State 21 49% 11% 60% 79% 19%
Kent State 20 45% 8% 50% 76% 4%
Idaho 18 45% 10% 55% 78% 11%
Illinois—Urbana-Champaign 16 34% 21% 84% 94% 13%
Iowa 16 49% 12% 70% 84% 12%
Kansas 20 42% 12% 61% 79% 18%
Kentucky 18 30% 16% 58% 80% 12%
Louisiana State—Baton Rouge 22 34% 19% 61% 85% 14%
Louisiana Tech 22 48% 9% 49% 73% 13%
Louisiana—Lafayette 23 30% 7% 40% 74% 7%
Louisiana—Monroe 18 30% 13% 30% 72% 5%
Louisville 18 25% 12% 49% 78% 12%
Marshall 20 38% 4% 44% 71% 10%
Miami 17 32% 12% 80% 89% 16%
Michigan State 16 23% 21% 77% 91% 14%
Middle Tennessee 21 32% 7% 45% 81% 6%
Mississippi State 20 38% 14% 58% 83% 17%
 Maryland—College Park 18 35% 16% 81% 94% 10%
Massachusetts—Amherst 19 45% 17% 69% 87% 11%
Memphis 15 36% 11% 40% 76% 6%
Miami 11 53% 7% 80% 90% 17%
Michigan—Ann Arbor 15 48% 16% 90% 96% 15%
Minnesota—Twin Cities 21 38% 19% 70% 89% 13%
 Missouri 20 47% 15% 69% 85% 16%
New Mexico State 20 45% 10% 45% 76% 6%
North Carolina State—Raleigh 18 30% 20% 71% 90% 11%
Northern Illinois 17 44% 12% 56% 75% 6%
Northwestern 7 75% 6% 94% 97% 30%
Naval Academy 9 56% 0.10% 89% 97% 21%
Nebraska—Lincoln 20 38% 14% 64% 84% 22%
Nevada—Reno 27 33% 16% 50% 78% 9%
New Mexico 22 40% 14% 44% 78% 7%
North Carolina—Chapel Hill 14 37% 13% 90% 97% 22%
North Texas 23 29% 20% 48% 76% 5%
Notre Dame 12 55% 10% 96% 98% 41%
Ohio State—Columbus 19 32% 20% 78% 93% 15%
Ohio 19 42% 11% 65% 80% 8%
Oklahoma State 19 39% 12% 59% 79% 15%
Oregon State 25 36% 20% 60% 82% 12%
Mississippi 18 46% 13% 59% 80% 13%
Oklahoma 17 41% 11% 64% 83% 19%
Oregon 20 37% 17% 68% 84% 13%
Penn State 17 39% 15% 85% 93% 21%
Purdue 14 37% 17% 69% 87% 19%
Rice 6 69% 8% 92% 97% 32%
Rutgers 15 41% 20% 77% 91% 10%
SDSU 21 22% 24% 66% 83% 2%
San Jose State 25 25% 9% 44% 82% 2%
Southern Methodist 12 58% 8% 74% 89% 19%
Stanford 6 70% 13% 95% 98% 34%
Pittsburgh 14 42% 18% 78% 92% 13%
South Alabama 22 42% 8% 37% 68% 2%
South Carolina 19 38% 11% 68% 87% 17%
South Florida 28 23% 16% 51% 86% 15%
Southern Mississippi 18 43% 11% 47% 74% 13%
Syracuse 16 61% 9% 82% 91% 17%
Temple 19 33% 8% 65% 87% 8%
Texas A&M 19 21% 23% 79% 92% 21%
Texas Christian 13 40% 8% 74% 86% 18%
Texas State 19 19% 19% 55% 78% 5%
Texas Tech 23 22% 24% 63% 82% 15%
Troy 20 58% 4% 40% 72% 9%
Tulane 11 67% 6% 74% 89% 19%
Tennessee 15 31% 8% 60% 85% 11%
Texas—Austin 18 34% 25% 81% 92% 14%
Toledo 19 34% 31% 45% 68% 5%
Alabama—Birmingham 17 39% 15% 41% 79% 13%
UCLA 16 52% 22% 90% 97% 13%
Central Florida 31 28% 23% 63% 86% 16%
UNLV 22 25% 18% 41% 76% 5%
USC 9 63% 11% 89% 97% 39%
Texas—San Antonio 23 24% 23% 26% 58% 5%
Tulsa 11 70% 1% 65% 88% 22%
Utah 15 42% 17% 57% 83% 11%
Utah State 19 32% 18% 56% 74% 8%
Virginia 16 52% 16% 93% 97% 22%
Washington 12 33% 21% 80% 93% 15%
Wyoming 14 42% 10% 53% 73% 10%
Vanderbilt 8 64% 9% 91% 97% 23%
Virginia Tech 17 25% 21% 80% 92% 15%
Wake Forest 11 54% 3% 89% 94% 29%
Washington State 15 37% 22% 69% 83% 13%
West Virginia 23 32% 19% 59% 80% 12%
Western Kentucky 19 43% 6% 49% 73% 13%
Western Michigan 19 36% 11% 52% 74% 10%
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