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TABLE 14-7
The department head of the accounting department wanted to see if she could predict the GPA of students using the number of course units (credits) and total SAT scores of each. She takes a sample of students and generates the following Microsoft Excel output:
SUMMARY OUTPUT
Regression Statistics
ANOVA
-Referring to Table 14-7, the department head wants to use a t test to test for the significance of the coefficient of X1. At a level of significance of 0.05, the department head would decide that β1 ≠ 0.
Departmentation
The process of dividing an organization into different departments, which allows for specialization and a more organized structure in managing functions and tasks.
Vertical Specialization
An organizational structure method where tasks and responsibilities are clearly delineated and distributed based on hierarchy, ensuring clear lines of authority and specialization.
Procedure
A set method or way of doing something, especially in a systematic or established form.
Formalization
The extent to which policies, procedures, job descriptions, and rules are written and explicitly articulated in an organization.
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