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MGT3028 Provide a correlation table indicating overall relationships between the various prices: Business Analytics Course Work, ICL, UK
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| University | Imperial College London (ICL) |
|---|---|
| Subject | MGT3028 Business Analytics Course Work |
Question 2
- Provide a correlation table indicating overall relationships between the various prices.
- Can you identify those variants, whose prices match each other relatively closely? Explain using the correlation table.
- Please propose methods for detecting and solving multicollinearity.
- Conduct an exploratory factor analysis of distribution variants and generate an aggregated index (or indices). Please present the results in tables.
Question 3
- Using the multivariate regression methodology, can you identify which prices directly affect the sales of Variant 2?
- Interpret the regression results and discuss the model explanation power.
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