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Using the Output Below, Calculate the Predicted Turnover Rate for a Company

question 11

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Using the output below, calculate the predicted turnover rate for a company having a trust index score of 70 and an average annual bonus of $6500.  Dependent 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}\text { Dependent Variable is Turnover Rate }\\\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}\end{array}


Definitions:

1964 Civil Rights Act

Landmark legislation in the United States that outlawed discrimination based on race, color, religion, sex, or national origin.

Disparate Impact

A legal theory under civil rights laws that practices may have discriminatory effects, even if not intentionally discriminatory.

Seniority Systems

Employment practices that prioritize job benefits and promotions based on the length of an individual's service or tenure.

Employment-at-will Doctrine

A legal principle that allows either the employer or the employee to terminate employment at any time without reason, as long as it is not illegal.

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