Use the Manufacturing database to develop a multiple regression model to predict Cost of Materials by Number of Employees, New Capital Expenditures, Value Added by Manufacture, Value of Industry...

Use the Manufacturing database to develop a multiple regression model to predict Cost of Materials by Number of Employees, New Capital Expenditures, Value Added by Manufacture, Value of Industry Shipments, and End-of- Year Inventories. Create indicator variables for values of industry shipments that have been coded from 1 to 4. Use a stepwise regression procedure. Does multicollinearity appear to be a problem in this analysis? Discuss the results of the analysis.