Question

You are required to develop a multiple linear regression model based on the data given below, reporting about multicollinearity to refine your model, if required. Consider profit (rs.) as the dependent variable. Interpret your results. Suppose your dependent variable (profit) takes values of "high profit" (profit > rs 1,35,000) or "low profit": in such case what type of regression model would you like to use and why?

Answer 1

Answer:

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