TABLE 14-8 A Financial Analyst Wanted to Examine the Relationship Between Salary

question 192

Short Answer

TABLE 14-8
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
ANOVA

-Referring to Table 14-8, the analyst wants to use a t test to test for the significance of the coefficient of X₃. The value of the test statistic is ________.

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Definitions:

Organizational Learning

Organizational Learning refers to the capacity of an organization to acquire, interpret, and respond to internal and external information, leading to continuous improvement and adaptation.

Group Learning

An educational approach where learning occurs through the interaction among participants, leveraging the dynamics of group discussions and activities.

Career Development

The process of managing one's career path, including learning new skills, advancing in job positions, and making career decisions.

Competencies Framework

A structured model that outlines the skills, knowledge, behaviors, and other qualities required to perform certain tasks effectively within an organization.