SCENARIO 15-6 Given Below Are Results from the Regression Analysis $( Y )$

question 53

True/False

SCENARIO 15-6 Given below are results from the regression analysis on 40 observations where the dependent variable is the number of weeks a worker is unemployed due to a layoff $( Y )$ and the independent variables are the age of the worker $\left( X _ { 1 } \right)$ , the number of years of education received $\left( X _ { 2 } \right)$ , the number of years at the previous job $\left( X _ { 3 } \right)$ , a dummy variable for marital status ( $X _ { 4 } : 1 =$ married, $0 =$ otherwise), a dummy variable for head of household $\left( X _ { 5 } : 1 = \right.$ yes, $0 =$ no) and a dummy variable for management position $\left( X _ { 6 } : 1 = \right.$ yes, $0 =$ no $)$ .

The coefficient of multiple determination $\left( R _ { j } ^ { 2 } \right)$ for the regression model using each of the 6 variables $X _ { j }$ as the dependent variable and all other $X$ variables as independent variables are, respectively, $0.2628,0.1240,0.2404,0.3510,0.3342$ and $0.0993$ .

The partial results from best-subset regression are given below:
$\begin{array}{|l|r|r|r|}\hline {\text { Model }} & \text { R Square } & \text { Adj. R Square } & \text { Std. Error } \\\hline \text { X1X5X6 } & 0.4568 & 0.4116 & 18.3534 \\\hline \text { X1X2X5X6 } & 0.4697 & 0.4091 & 18.3919 \\\hline \text { X1X3X5X6 } & 0.4691 & 0.4084 & 18.4023 \\\hline \text { X1X2X3X5X6 } & 0.4877 & 0.4123 & 18.3416 \\\hline \text { X1X2X3X4X5X6 } & 0.4949 & 0.4030 & 18.4861 \\\hline\end{array}$

-Referring to Scenario 15-6, the model that includes all six independent variables
should be selected using the adjusted r2 statistic.

Distinguish between adaptive and nonadaptive organizational cultures and their impact on performance.

Understand the leader’s role in shaping and reinforcing organizational culture.

Recognize the influence of organizational culture on employee behavior and motivation.

Analyze the relationship between organizational culture, fit perspective, and performance.

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Definitions:

Quantum Meruit

“As much as he has earned.” A quasi-contractual remedy that permits a person to recover a reasonable price for services and/or materials requested, where no price is established when the request is made.

Specific Performance

A court order requiring a party to fulfill their obligations under a contract, rather than providing a financial compensation for failing to fulfill it.

Opera Singer

A performer, usually professionally trained, who specializes in singing classical music compositions in operas.

Rembrandt Drawing

An artwork rendered in pencil, ink, or another medium by Rembrandt van Rijn, a renowned Dutch artist known for his paintings and drawings.