Think about an issue at work or in some other facet of your life in which a regression analysis is applicable to come up with a way to predict a particular quantitative outcome (the dependent) variable. Discuss this situation, describe the dependent and independent variables involved, and how regression analysis could be beneficial. In addition, state why a collinearity diagnosis is essential when conducting multiple regression analysis.
Post your initial response to the discussion question no later than Thursday 11:59 PM EST/EDT. You will not be able to see any of your classmates’ posts until you have posted your initial response.
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Respond to at least two of your classmates no later than Sunday 11:59 PM EST/EDT.