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A Survey Conducted by a Research Team Was to Investigate

question 63

Essay

A survey conducted by a research team was to investigate how the education level, tenure in current employment, and age, are related to annual income. A sample 20 employees is selected and the data is given below.  Education (No. of  years)  Length of tenure in  current employment  (No. of years)  Age (No. of years)  Annual income ($) 17840124,00012124130,00020944193,0001444288,0001211927,0001492843,0001284396,000181037110,00016123688,0001173936,00016143681,0001242238,000161745140,0001374211,0001161821,00020440151,00019735124,00016123848,0001221926,00010644124,000\begin{array}{|c|c|c|c|}\hline\begin{array}{c}\text { Education (No. of } \\\text { years) }\end{array} & \begin{array}{c}\text { Length of tenure in } \\\text { current employment } \\\text { (No. of years) }\end{array} & \text { Age (No. of years) } & \text { Annual income (\$) } \\\hline 17 & 8 & 40 & 124,000 \\\hline 12 & 12 & 41 & 30,000 \\\hline 20 & 9 & 44 & 193,000 \\\hline 14 & 4 & 42 & 88,000 \\\hline 12 & 1 & 19 & 27,000 \\\hline 14 & 9 & 28 & 43,000 \\\hline 12 & 8 & 43 & 96,000 \\\hline 18 & 10 & 37 & 110,000 \\\hline 16 & 12 & 36 & 88,000 \\\hline 11 & 7 & 39 & 36,000 \\\hline 16 & 14 & 36 & 81,000 \\\hline 12 & 4 & 22 & 38,000 \\\hline 16 & 17 & 45 & 140,000 \\\hline 13 & 7 & 42 & 11,000 \\\hline 11 & 6 & 18 & 21,000 \\\hline 20 & 4 & 40 & 151,000 \\\hline 19 & 7 & 35 & 124,000 \\\hline 16 & 12 & 38 & 48,000 \\\hline 12 & 2 & 19 & 26,000 \\\hline 10 & 6 &44& 124,000 \\\hline\end{array}
a. Check if the F test leads to conclude that an overall regression relationship exists. If yes, use the t test to
determine the significance of each independent variable. What is the conclusion for each test at the 0.05 level of significance?
b. Remove all independent variables that are not significant at the 0.05 level of significance from the estimated
regression equation. What is your estimated regression equation in this case?


Definitions:

Adaptive Theory

A theory suggesting that certain behaviors or physical characteristics have evolved because they increase survival or reproductive success.

Mental Combinations

The ability in early cognitive development where a child can mentally mix, match, and rearrange objects or situations without the need for physical manipulation.

Sensorimotor Intelligence

A stage in Jean Piaget’s theory of cognitive development where infants learn through interacting with their environment using their senses and motor actions.

Primary Reactions

Initial, innate responses or reflexes seen in infants as part of their early developmental stages.

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