Develop an estimated multiple linear regression model that could be used to predict the alumni giving rate using the graduation, % of Classes Under 20, and Student/Faculty Ratio as independent variables. Discuss your findings.
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
- Develop an estimated multiple linear regression model that could be used to predict the alumni giving rate using the graduation, % of Classes Under 20, and Student/Faculty Ratio 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 University | 22 | 48% | 9% | 49% | 73% | 13% |
University of Louisiana—Lafayette | 23 | 30% | 7% | 40% | 74% | 7% |
University of Louisiana—Monroe | 18 | 30% | 13% | 30% | 72% | 5% |
University of Louisville | 18 | 25% | 12% | 49% | 78% | 12% |
Marshall University | 20 | 38% | 4% | 44% | 71% | 10% |
Miami University—Oxford | 17 | 32% | 12% | 80% | 89% | 16% |
Michigan State University | 16 | 23% | 21% | 77% | 91% | 14% |
Middle Tennessee State University | 21 | 32% | 7% | 45% | 81% | 6% |
Mississippi State University | 20 | 38% | 14% | 58% | 83% | 17% |
University of Maryland—College Park | 18 | 35% | 16% | 81% | 94% | 10% |
University of Massachusetts—Amherst | 19 | 45% | 17% | 69% | 87% | 11% |
University of Memphis | 15 | 36% | 11% | 40% | 76% | 6% |
University of Miami | 11 | 53% | 7% | 80% | 90% | 17% |
University of Michigan—Ann Arbor | 15 | 48% | 16% | 90% | 96% | 15% |
University of Minnesota—Twin Cities | 21 | 38% | 19% | 70% | 89% | 13% |
University of Missouri | 20 | 47% | 15% | 69% | 85% | 16% |
New Mexico State University | 20 | 45% | 10% | 45% | 76% | 6% |
North Carolina State University—Raleigh | 18 | 30% | 20% | 71% | 90% | 11% |
Northern Illinois University | 17 | 44% | 12% | 56% | 75% | 6% |
Northwestern University | 7 | 75% | 6% | 94% | 97% | 30% |
United States Naval Academy | 9 | 56% | 0.10% | 89% | 97% | 21% |
University of Nebraska—Lincoln | 20 | 38% | 14% | 64% | 84% | 22% |
University of Nevada—Reno | 27 | 33% | 16% | 50% | 78% | 9% |
University of New Mexico | 22 | 40% | 14% | 44% | 78% | 7% |
University of North Carolina—Chapel Hill | 14 | 37% | 13% | 90% | 97% | 22% |
University of North Texas | 23 | 29% | 20% | 48% | 76% | 5% |
University of Notre Dame | 12 | 55% | 10% | 96% | 98% | 41% |
Ohio State University—Columbus | 19 | 32% | 20% | 78% | 93% | 15% |
Ohio University | 19 | 42% | 11% | 65% | 80% | 8% |
Oklahoma State University | 19 | 39% | 12% | 59% | 79% | 15% |
Oregon State University | 25 | 36% | 20% | 60% | 82% | 12% |
University of Mississippi | 18 | 46% | 13% | 59% | 80% | 13% |
University of Oklahoma | 17 | 41% | 11% | 64% | 83% | 19% |
University of Oregon | 20 | 37% | 17% | 68% | 84% | 13% |
Pennsylvania State University—University Park | 17 | 39% | 15% | 85% | 93% | 21% |
Purdue University—West Lafayette | 14 | 37% | 17% | 69% | 87% | 19% |
Rice University | 6 | 69% | 8% | 92% | 97% | 32% |
Rutgers, the State University of New Jersey—New Brunswick | 15 | 41% | 20% | 77% | 91% | 10% |
San Diego State University | 21 | 22% | 24% | 66% | 83% | 2% |
San Jose State University | 25 | 25% | 9% | 44% | 82% | 2% |
Southern Methodist University | 12 | 58% | 8% | 74% | 89% | 19% |
Stanford University | 6 | 70% | 13% | 95% | 98% | 34% |
University of Pittsburgh | 14 | 42% | 18% | 78% | 92% | 13% |
University of South Alabama | 22 | 42% | 8% | 37% | 68% | 2% |
University of South Carolina | 19 | 38% | 11% | 68% | 87% | 17% |
University of South Florida | 28 | 23% | 16% | 51% | 86% | 15% |
University of Southern Mississippi | 18 | 43% | 11% | 47% | 74% | 13% |
Syracuse University | 16 | 61% | 9% | 82% | 91% | 17% |
Temple University | 19 | 33% | 8% | 65% | 87% | 8% |
Texas A&M University—College Station | 19 | 21% | 23% | 79% | 92% | 21% |
Texas Christian University | 13 | 40% | 8% | 74% | 86% | 18% |
Texas State University—San Marcos | 19 | 19% | 19% | 55% | 78% | 5% |
Texas Tech University | 23 | 22% | 24% | 63% | 82% | 15% |
Troy University | 20 | 58% | 4% | 40% | 72% | 9% |
Tulane University | 11 | 67% | 6% | 74% | 89% | 19% |
University of Tennessee | 15 | 31% | 8% | 60% | 85% | 11% |
University of Texas—Austin | 18 | 34% | 25% | 81% | 92% | 14% |
University of Toledo | 19 | 34% | 31% | 45% | 68% | 5% |
University of Alabama—Birmingham | 17 | 39% | 15% | 41% | 79% | 13% |
University of California—Los Angeles | 16 | 52% | 22% | 90% | 97% | 13% |
University of Central Florida | 31 | 28% | 23% | 63% | 86% | 16% |
University of Nevada—Las Vegas | 22 | 25% | 18% | 41% | 76% | 5% |
University of Southern California | 9 | 63% | 11% | 89% | 97% | 39% |
University of Texas—San Antonio | 23 | 24% | 23% | 26% | 58% | 5% |
University of Tulsa | 11 | 70% | 1% | 65% | 88% | 22% |
University of Utah | 15 | 42% | 17% | 57% | 83% | 11% |
Utah State University | 19 | 32% | 18% | 56% | 74% | 8% |
University of Virginia | 16 | 52% | 16% | 93% | 97% | 22% |
University of Washington | 12 | 33% | 21% | 80% | 93% | 15% |
University of Wyoming | 14 | 42% | 10% | 53% | 73% | 10% |
Vanderbilt University | 8 | 64% | 9% | 91% | 97% | 23% |
Virginia Tech | 17 | 25% | 21% | 80% | 92% | 15% |
Wake Forest University | 11 | 54% | 3% | 89% | 94% | 29% |
Washington State University | 15 | 37% | 22% | 69% | 83% | 13% |
West Virginia University | 23 | 32% | 19% | 59% | 80% | 12% |
Western Kentucky University | 19 | 43% | 6% | 49% | 73% | 13% |
Western Michigan University | 19 | 36% | 11% | 52% | 74% | 10% |
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Develop an estimated multiple linear regression model that could be used to predict the alumni giving rate using Graduation Rate, % of Classes Under 20, and Student/Faculty Ratio as independent variables. Discuss your findings.