TABLE 14-1 A Manager of a Product Sales Group Believes the Number

question 134

Multiple Choice

TABLE 14-1
A manager of a product sales group believes the number of sales made by an employee (Y) depends on how many years that employee has been with the company (X₁) and how he/she scored on a business aptitude test (X₂) .A random sample of 8 employees provides the following:
-Referring to Table 14-1,for these data,what is the estimated coefficient for the variable representing scores on the aptitude test,b₂?

• A)0.998
• B)3.103
• C)4.698
• D)21.293

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Definitions:

Female Employees

Women who are employed by a company, organization, or entity.

Salary

The fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee.

Studentized Residuals

Residuals from a regression analysis that have been standardized to have a mean of zero and a standard deviation of one.

R-Squared

A statistical measure that represents the portion of the variance for a dependent variable that's explained by an independent variable or variables in a regression model.