Twenty-One Executives in a Large Corporation Were Randomly Selected for a Study

question 14

Short Answer

Twenty-one executives in a large corporation were randomly selected for a study in which several factors were examined to determine their effect on annual salary (expressed in $000's). The factors selected were age, seniority, years of college, number of company divisions they had been exposed to and the level of their responsibility. A regression analysis was performed using a popular spreadsheet program with the following regression output:

-What is the effect on salary for an increase of one level of responsibility if the other variables are held constant?____________

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Definitions:

Urban Growth

Urban growth refers to the increasing size and population of cities, driven by factors such as rural-to-urban migration, global economic shifts, and technological advancements.

Stratification

A system or formation of layers, classes, or categories, often used to describe hierarchical social structures.

Ecological Succession

The process by which the structure of a biological community evolves over time, involving species replacements and community modifications.

White Supremacist

An individual or group that believes in the superiority of white people over those of all other races, often resulting in racist ideology and practices.