The dataset Golfers2008.xlsx saved in Datasets in Blackboard contains data on the top 40 golfers in...

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The dataset Golfers2008.xlsx saved in Datasets inBlackboard contains data on the top 40 golfers in 2008.This was the year when Tiger Woods won the U.S. Open in June andthen had year-ending surgery.

Using all the explanatory variables, run a regression predictingEarnings per Round.

Determine the best fit model by removing any insignificantx-variables.   Rerun the analysis with your best fitmodel. Make a clear notation of which model is yourbest-fit model by labeling the worksheet of that model “BEST FITMODEL”.

AgeEventsRoundsCuts MadeTop 10sWinsEarnings per Round
4523821883$80,501
32623664$251,087
3721792082$65,682
2819701861$69,403
4726972473$48,080
2222811982$57,485
2622781972$56,701
3615511262$84,579
3523851971$46,815
3525962481$41,079
36281082790$33,395
3826942390$36,763
3125811651$37,400
3826882080$34,320
3120641461$45,002
3821721651$37,270
3122801850$32,697
4326982260$26,340
2822701431$36,660
3816501151$50,746
30291102551$22,841
3723842170$29,579
4122741660$32,950
3428951970$25,313
3424831951$28,901
2727942141$24,515
4424831970$27,539
39331162450$19,301
3922741560$29,984
2627871850$25,389
36311032061$21,413
2626861931$25,188
44301072460$20,060
28321192760$17,599
2525821631$25,486
2720671531$30,815
36301142630$17,893
2928891630$22,465
2715501231$39,583
3427911850$21,648

Answer & Explanation Solved by verified expert
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Solution Here we have to use the regression model by using excel for the prediction of dependent or response variable earnings per round based on the all independent variables given in the data set Required regression model is given as below Regression Statistics Multiple R 0889899769 R Square 0791921598 Adjusted R Square 0754089162 Standard Error 1871683797 Observations 40 ANOVA df SS MS F Significance F Regression 6 43998116543 7333019424 2093234451 589276E10    See Answer
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