TABLE 13-12 The Manager of the Purchasing Department of a Large Saving

question 111

Short Answer

TABLE 13-12
The manager of the purchasing department of a large saving and loan organization would like to develop a model to predict the amount of time (measured in hours)it takes to record a loan application.Data are collected from a sample of 30 days,and the number of applications recorded and completion time in hours is recorded.Below is the regression output:
-Referring to Table 13-12,the p-value of the measured F test statistic to test whether the number of loan applications recorded affects the amount of time is ________.

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Definitions:

Path Analysis

A statistical technique used for examining the direct and indirect relationships between multiple variables in complex models.

Reliable Change Index

A statistical measure used to determine whether the change in a subject's performance or score over time is significant and not due to measurement error.

Measurement Error

The difference between the observed value and the true value of what is being measured, due to various inaccuracies in measurement processes.

Client Progress

The positive changes, developments, or improvements experienced by a client as a result of therapeutic intervention, counseling, or treatment.