Data Were Collected for a Sample of Companies Regarding Their

question 16

Multiple Choice

Data were collected for a sample of companies regarding their investment in quality improvement efforts and cost savings realized as a result (both measured as a percentage of sales revenue) .The R² for the regression is 0.833.If the data were collected for individual departments within companies rather than at the company level, we would expect ________________________ .

• A)a higher R²
• B)a lower R²
• C)the same R²
• D)fewer outliers in the data
• E)None of the above.

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Definitions:

Component

Represents a part or element of a larger whole, especially a part of a machine or system.

Peaks Early

Refers to something that reaches its highest or most intense point of development, performance, or activity at an early stage.

Self-Serving Bias

The common tendency to attribute one's successes to personal factors and one's failures to external factors.

Collectivist Societies

Societies or cultures that prioritize the group over the individual, focusing on communal goals and shared responsibilities.