A Company Studying the Productivity of Its Employees on a New

question 4

Multiple Choice

A company studying the productivity of its employees on a new information system was interested in determining if the age (X) of data entry operators influenced the number
Of completed entries made per hour (Y) .The regression equation is Suppose the actual completed entries per hour for an operator who is 35 years old was 8.
The residual is

• A)-1.3
• B)2.6
• C)-3.5
• D)1.3
• E)-2.2

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Definitions:

Trend Analysis

The practice of collecting information and attempting to spot a pattern, often used in financial markets, research, and responsive business strategy planning.

Forecasting Technique

Methods used to predict future events or trends based on historical data analysis.

Scenario Analysis

A planning tool used to analyze possible future events by considering alternative possible outcomes or scenarios.

Qualitative Procedure

Methods used to gather and analyze non-numerical data to understand concepts, thoughts, or experiences.