1. School administrators believe their freshman applications are influenced by two variables: tuition and the size of the applicant pool of eligible high school seniors in the state. The following...

Extracted text: 1. School administrators believe their freshman applications are influenced by two variables: tuition and the size of the applicant pool of eligible high school seniors in the state. The following data for an 8-year period show the tuition rates (per semester) and the sizes of the applicant pool for each year: Tuition in pesos Applicants Pool Applicants 27000 76,200 11,060 37500 78,050 10,900 41250 67,420 8,670 42000 70,390 9.050 46500 62,550 7,400 48750 59,230 7,100 52500 57,900 6,300 57900 60,080 6,100


Extracted text: a. Attach the summary output of the excel. b. Using Excel, develop the multiple regression equation for these data. (Answer should be handwritten). c. What is the coefficient of determination for this regression equation? (Answer should be handwritten). d. What is the increase in the number of applicants when the tuition remains constant? (Solution should be handwritten). e. What is the increase in the number of applicants when the applicant's pool remains the same? (Solution should be handwritten). f. Determine the forecast for freshman applicants for a tuition rate of P31,500 per semester, with a pool of applicants of 60,000 (Solution should be handwritten).