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Building a Regression Model as a Screening Tool

You are on the admissions board of a university, in charge of creating a screening process that will predict academic success (university grade point average (GPA)) for newly entering freshman. At your disposal is a variety of data from hundreds of current university students including:

- High School GPA
- SAT score (from high school)
- ACT score (from high school)
- Socio-economic status
- Freshman and sophomore university cumulative GPA
- Parents' education
- Intelligence Quotient

Describe how you would build a regression model that could be used as a screening tool, with mention of the high correlation (colinearity) between SAT and ACT, and possibly IQ.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9737543

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