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QM1 Group C08 Project Presentation
QM1 Group C08 Project Presentation
ANALYSIS
GROUP C8
ABHIGYAAN ROY (1801131)
AISHANYA (1801135)
AISHWARYA R (1801136)
KHUSHBU (1801151)
SANKET SOMKUWAR (1801173)
SRICHARAN NAGARA (1801185)
OVERVIEW OF THE DATASET:
Independent agency that conducts research on business schools with dependent variables
as ‘local tuitions’ and ‘foreign tuitions’
The study involves the analysis of relation between the dependent variables with other
variables and how they impact.
Data is collected for a sample of 25 business schools
90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
0 5,000 10,000 15,000 20,000 25,000 30,000 35,000
STARTING SALARY ($) VS FOREIGN TUITION
90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
0 5,000 10,000 15,000 20,000 25,000 30,000 35,000
CORRELATION: LOCAL TUITION
INDEPENDENT AND DEPENDENT VARIABLE
Assumption:
• α=0.05
• Linearity
• The errors are considered to be independent; normally distributed throughout with mean zero and variance σ 2.
REGRESSION ANALYSIS:
DEPENDENT VARIABLE: LOCAL TUITION
Trail 1 Trail 2
Predictive model:
• Local tuition = intercept + (coefficient1)(% foreign) + (coefficient2)(starting salary) + (coefficient3)(work experience)
• Local tuition = 4153.54 + 95.11(% foreign students) + 0.23(starting salary) – 4225.5(work experience)
CORRELATION: FOREIGN TUITION
INDEPENDENT AND DEPENDENT VARIABLE
Assumption:
• α=0.05
• Linearity
• The errors are considered to be independent; normally distributed throughout with mean zero and variance σ 2.
REGRESSION ANALYSIS:
DEPENDENT VARIABLE: FOREIGN TUITION
Trail 1 Trail 2