Exhibit 9.4
The following questions are based on the problem description and spreadsheet below.
A charitable organization wants to determine what type of people donate to charities like itself. The charity felt that a person's education (in years), annual income, ($1,000) and the number of children the person had were important variables to consider. The charity developed regression models for all of the possible combinations of these three variables but does not know what to do with the results.
-Refer to Exhibit 9.4. Based on the data in the table which is the best model for the charity to use? Explain which values you used to reach your conclusion.

Question

Exhibit 9.4
The following questions are based on the problem description and spreadsheet below.
A charitable organization wants to determine what type of people donate to charities like itself. The charity felt that a person's education (in years), annual income, ($1,000) and the number of children the person had were important variables to consider. The charity developed regression models for all of the possible combinations of these three variables but does not know what to do with the results. 
-Refer to Exhibit 9.4. Based on the data in the table which is the best model for the charity to use? Explain which values you used to reach your conclusion.

Quizplus · Accepted Answer

The Answer of Exhibit 9.4
The following questions are based on the problem description and spreadsheet below.
A charitable organization wants to determine what type of people donate to charities like itself. The charity felt that a person's education (in years), annual income, ($1,000) and the number of children the person had were important variables to consider. The charity developed regression models for all of the possible combinations of these three variables but does not know what to do with the results. 
-Refer to Exhibit 9.4. Based on the data in the table which is the best model for the charity to use? Explain which values you used to reach your conclusion.

Exhibit 9.4 the Following Questions Are Based on the Problem Description and Description