A Multiple Regression Model Was Fit to Predict Size of Company

question 7

Multiple Choice

A multiple regression model was fit to predict size of company bonuses from number of employees and unionized employees (1 = yes, 0 = no) .The resulting model was:
Based on this model, what is the annual average bonus for a company with 5000 employees that are unionized?

• A)$3195
• B)$8176.80
• C)$5253
• D)$7980.25
• E)$10,259.20

---

Definitions:

Washable

Characteristic of items that can be cleaned and maintained through washing without damage.

Weigh Infants

The process of measuring the weight of an infant, crucial for monitoring their growth and health.

Unclothed

Refers to the state of being without clothes or not covered by clothing.

Vision Deficiency

Any range of conditions that impair the clarity, focus, or perception of vision, affecting one’s ability to see normally.