The Linear Regression Equation, Y = a + BX, Was

question 35

Multiple Choice

The linear regression equation, Y = a + bX, was estimated. The following computer printout was
obtained:
$\begin{array}{rllll}\text { DEPENDENT VARIABLE: } & \text { Y } & \text { R-SQUARE } & \text { F-RATIO } & \text { P-VALUE ON F } \\\text { OBSERVATIONS: } &18 & 0.3066 & 7.076 & 0.0171\end{array}$

$\begin{array}{lllll}\text { VARIABLE } & \begin{array}{llll}\text { PARAMETER } \\\text { ESTIMATE }\end{array} & \begin{array}{l}\text { STANDARD } \\\text { ERROR }\end{array} & \text { T-RATIO } & \text { P-VALUE } \\\text { INTERCEPT } & 15.48 & 5.09 & 3.04 & 0.0008\\X&-21.36&8.03&-2.66&0.0171\end{array}$
-The parameter estimate of b indicates

• A) X increases by 8.03 units when Y increases by one unit.
• B) X decreases by 21.36 units when Y increases by one unit.
• C) Y decreases by 2.66 units when X increases by one unit.
• D) a 10-unit decrease in X results in a 213.6 unit increase in Y.

Recognize the evolving trends in employee benefits offerings and their administration.

Understand the role and types of employee benefits for achieving organizational objectives.

Identify legal and regulatory frameworks governing employee benefits in Canada.

Recognize the impact of employee benefits on retention and attraction of employees.

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Definitions:

Incremental Fair Value

The additional value that is estimated to arise from a particular transaction or event over the current fair value of an asset or liability.

Share-based Payment

A way companies compensate employees or purchase goods and services by issuing shares of the company or options to buy shares, instead of cash.

Settlement Choice

The option provided to parties in a financial instrument or contract to settle obligations either through cash payments or by other means.

Present Obligation

A duty or responsibility that a company is currently required to fulfill, typically as a result of past events.