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TABLE 17-3 A Financial Analyst Wanted to Examine the Relationship Between Salary

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TABLE 17-3
A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X1 = Age),experience in the field (X2 = Exper),number of degrees (X3 = Degrees),and number of previous jobs in the field (X4 = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output:
SUMMARY OUTPUT
Regression Statistics TABLE 17-3 A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X<sub>1</sub> = Age),experience in the field (X<sub>2</sub> = Exper),number of degrees (X<sub>3</sub> = Degrees),and number of previous jobs in the field (X<sub>4</sub> = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics   ANOVA     -Referring to Table 17-3,the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>.For a level of significance of 0.01,the critical values of the test are ________. ANOVA TABLE 17-3 A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X<sub>1</sub> = Age),experience in the field (X<sub>2</sub> = Exper),number of degrees (X<sub>3</sub> = Degrees),and number of previous jobs in the field (X<sub>4</sub> = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics   ANOVA     -Referring to Table 17-3,the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>.For a level of significance of 0.01,the critical values of the test are ________. TABLE 17-3 A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X<sub>1</sub> = Age),experience in the field (X<sub>2</sub> = Exper),number of degrees (X<sub>3</sub> = Degrees),and number of previous jobs in the field (X<sub>4</sub> = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics   ANOVA     -Referring to Table 17-3,the analyst wants to use a t test to test for the significance of the coefficient of X<sub>3</sub>.For a level of significance of 0.01,the critical values of the test are ________.
-Referring to Table 17-3,the analyst wants to use a t test to test for the significance of the coefficient of X3.For a level of significance of 0.01,the critical values of the test are ________.

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Definitions:

Non-Routine

Tasks or activities that are irregular, unpredictable, or not part of a regular schedule or procedure.

Unstructured

Refers to data, processes, or activities that lack a predefined data model or organization, often requiring more flexible and intuitive approaches to interpretation and management.

Systematic Thinking

Approaches problems in a rational and analytical fashion.

Intuitive Thinking

Approaches problems in a flexible and spontaneous fashion.

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