Examlex

Solved

A Sample of 33 Companies Was Randomly Selected and Data Response Variable is Turnover Rate\text{Response Variable is Turnover Rate}

question 15

Multiple Choice

A sample of 33 companies was randomly selected and data collected on the average annual Bonus, turnover rate (%) , and trust index (measured on a scale of 0 - 100) .Using the output Below, and a significance level of ? = .01, we can conclude that

Response Variable is Turnover Rate\text{Response Variable is Turnover Rate}

 Predictor  Coef  SE Coef  T  P  Constant 12.10050.782615.460.000 Trust Index 0.071490.019663.640.001 Average Bonus 0.00072160.00014814.870.000\begin{array} { l r r r r } \text { Predictor } & \text { Coef } & \text { SE Coef } & \text { T } & \text { P } \\ \text { Constant } & 12.1005 & 0.7826 & 15.46 & 0.000 \\ \text { Trust Index } & - 0.07149 & 0.01966 & - 3.64 & 0.001 \\ \text { Average Bonus } & - 0.0007216 & 0.0001481 & - 4.87 & 0.000 \end{array}
S=1.49746RSq=79.6%RSq(adj) =78.3%S = 1.49746 \quad R - S q = 79.6 \% \quad R - S q ( a d j ) = 78.3 \%

Analysis of Variance\text{Analysis of Variance}

 Source  DF  SS  MS  Regression 2262.73131.36 Residual Error 3067.272.24 Total 32330.00\begin{array} { l r r r } \text { Source } & \text { DF } & \text { SS } & \text { MS } \\ \text { Regression } & 2 & 262.73 & 131.36 \\ \text { Residual Error } & 30 & 67.27 & 2.24 \\ \text { Total } & 32 & 330.00 & \end{array}


Definitions:

Osteoporosis

A condition characterized by weakened bones that are more susceptible to fracture, often resulting from a decrease in bone density, typically occurring in older age.

Numerical Skills

Refers to the ability to use and understand numbers in daily life, including performing basic arithmetic operations, analyzing data, and understanding quantitative information.

Problem-solving Ability

The capacity to find solutions for difficult or complex issues.

Literacy

The ability to read and write at a level adequate for communication or comprehension.

Related Questions