MGT555: The Coordinator Department of Business Economics wanted to investigate the improvement of students’ grades: Business Analytics Assignment, UiTM, Malaysia

• State the suitable procedure for hypothesis testing
• Assist the sales manager in determining the type of hypothesis analysis to be employed.
• Run the hypothesis. By using a 0.05 significance level, interpret the results using the critical value and p-value approaches.

QUESTION 3

A group of business studies students is conducting a study to determine the factors affecting employee salary in UiTM Machang. By using the Employee Salary Data, note that the dependent variable is ‘salary’ and other variables are independent variables. Based on the dataset provided, given α= 0.05, answer the following questions:

• Write and interpret the regression model (equation).
• Briefly explain R square
• Construct Analysis of Variance (ANOVA) hypothesis@ F test and interpret the result
• Construct hypothesis testing for ALL the independent variables and interpret independent sample t-test results
• Use the standard residuals to determine if any outlier exists.