Twenty-One Executives in a Large Corporation Were Randomly Selected for a Study

question 56

Short Answer

Twenty-one executives in a large corporation were randomly selected for a study to determine the effect of several factors on annual salary (expressed in $000's).The factors selected were age,seniority,years of college,number of company divisions they had been exposed to and the level of their responsibility.A regression analysis was performed using a popular spreadsheet program with the following regression output: Write out the multiple regression equation._______________________

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Definitions:

Minority Groups

Communities or groups that are smaller in number compared to the majority and often face differences in treatment or access to power.

Self-Esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states such as pride or despair.

Self-attributions

The process by which individuals explain the causes of their own behavior and events, implicating their own personal characteristics or external situations.

Explanatory Styles

The ways in which individuals habitually interpret and explain events happening around them, often associated with optimism or pessimism.