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

question 86

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:

Note: 4.3946E-15 is 4.3946 ×



-Referring to Table 13-12, what percentage of the variation in the amount of time needed can be explained by the variation in the number of invoices processed?

---

Definitions:

Meta-worries

Worrying about worry itself, a concept often involved in generalized anxiety disorder where individuals may become anxious about their tendency to worry excessively.

Cognitive-behavioral Perspective

A therapeutic approach that focuses on changing maladaptive thinking patterns, beliefs, and behaviors in order to affect positive changes in mood and functioning.

Panic Disorder

An anxiety disorder marked by recurrent and unpredictable panic attacks.

Relaxation Training

A treatment procedure that teaches clients to relax at will so they can calm themselves in stressful situations.