The Results of a Multiple Regression Model to Predict the Job

question 5

Multiple Choice

The results of a multiple regression model to predict the job performance of new hires based on age, GPA and gender (female = 1 and male = 0) resulted in an F-statistic of
30) 23 and associated p-value of 0.000, we can conclude at α = .05 that

• A) the regression equation is not significant.
• B) all independent variables in the model are significant.
• C) the regression equation is significant.
• D) none of the independent variables in the model are significant.
• E) both B and C.

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Definitions:

Excess Supply

A market condition where the quantity of a good supplied is greater than the quantity demanded at the current price.

Equilibrium Price

The price at which the quantity of a good or service demanded meets the quantity supplied, resulting in market balance.

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a given price level.

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Companies that provide movies over the internet, allowing users to stream or download films legally.