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MGT 6203 MIDTERM EXAM SOLUTIONS PART 2 – CODING | ALL ANSWERS CORRECT

Week 1 Use the inbuilt dataset ‘longley’ for questions 1 and 2. Q1) Fit a linear regression model with ‘Employed’ as the response variable and all other variables (except ‘Year’) as predictors. What are the significant predictors at 10% significance level? A. GNP B. GNP, Armed.Forces C. GNP, Unemployed, Population D. None of the predictors are significant at 10% significance level Solution: model1 = lm(Employed~.-Year, data = longley) summary(model1) ## ## Call: ## lm(formula = Employed…

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