A Sample of 33 Companies Was Randomly Selected and Data

question 28

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) .
Based on the output, how much of the variability in Turnover Rate is explained by the
Estimated multiple regression model? $$\begin{array}{l}\text { Dependent Variable is Turnover Rate }\\\begin{array} { l r r r r } \text { Predictor } & \text { Coef } & \text { SE Coef } & \text { T } & \text { P } \\\text { Constant } & 12.1005 & 0.7826 & 15.46 & 0.000 \\\text { Trust Index } & - 0.07149 & 0.01966 & - 3.64 & 0.001 \\\text { Average Bonus } & - 0.0007216 & 0.0001481 & - 4.87 & 0.000\end{array}\end{array}$$

• A) 78.3%
• B) 79.6%
• C) 12.1%
• D) 95.4%
• E) None of the above.

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Definitions:

Long-Term Assets

Assets that are expected to provide economic benefits to a firm for more than one fiscal year, such as land, buildings, and machinery.

Current Liabilities

A firm’s financial obligations to short-term creditors, which must be repaid within one year.