Introduction

Many real life research problems requires the analysis to find out and test the relationship between
multiple independent variable with a dependent variable. In other to achieve these analysis, multiple
regression models are built and often is the final stage of most data analysis project. Our case study
comprises of different models which contain many variables that operate independently, or in relation
with one another to explain variation in the dependent variable. Below is an analysis of the model
parameters to decide which is best.

Rigorous analysis of my preferred model and features of each of its coefficient.

As in the analysis of bivariate regressions, we approach this models with four questions. First, do these
independent variables, together, predict the values of the dependent variable better than the mean? If
so, what are the natures of the relationships? Third, are the relationships statistically significant? And
last, how powerful is the model in explaining the variation of the dependent variable.

The first thing we will look at is the F-statistic that help us test whether the model as a whole predicts
the dependent variable and we see from our data that the F-test of our p-values for all our 6 models are
<0.0001.

Second, the regression coefficients measure the strength and direction of the relationships. Third, for
each of these regression coefficients, there is a significance score, which measures the likelihood that
the relationship revealed in the coefficients can be attributed to random chance. Finally, the R-square
statistic measures the model’s overall predictive power and the extent to which the variables in the
model explain the variation in the dependent variable.

Analysis of the likely correlation among the explanatory variables.