A Human Resources Analyst Is Developing a Regression Model to Predict

question 75

Multiple Choice

A human resources analyst is developing a regression model to predict electricity plant manager compensation as a function of production capacity of the plant, number of employees at the plant, and plant technology (coal, oil, and nuclear) .The "plant technology" variable in this model is ______.

• A)a response variable
• B)a dependent variable
• C)a quantitative variable
• D)an independent variable
• E)a constant

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Definitions:

Retirement Income

The amount of money or income a person receives after retiring from work, which can come from various sources such as pensions, investments, and savings.

Compounded Semi-annually

Interest on a loan or investment calculated twice a year, adding the interest to the principal for future calculations.

Withdrawals

The act of taking money out of an account, which can decrease the account balance.

Compounded Semi-annually

An interest calculation method where interest is added to the principal balance twice a year, affecting the total interest earned or paid.