A Sample of General Mills Employees Was Studied to Determine

question 80

Multiple Choice

A sample of General Mills employees was studied to determine their degree of satisfaction with
Their present life. A special index, called the index of satisfaction, was used to measure satisfaction.
Six factors were studied: age at the time of first marriage (X1) , annual income (X2) , number of
Children living (X3) , value of all assets (X4) , status of health in the form of an index (X5) , and the
Average number of social activities per week (X6) . Suppose the multiple regression equation is:
Y' = 16.24 + 0.017X1 + 0.00028X2 + 42X3 + 0.0012X4 + 0.09X5 + 26.8X6.
Explain the meaning of b5.

• A) For each additional 10 points on the health status index, their satisfaction index is expected to increase by 9 points.
• B) For each additional 10 points on the health status index, their satisfaction index is expected to increase by 0.09 points.
• C) For each additional 10 points on the health status index, their satisfaction index is expected to increase by 0.9 points.
• D) For each additional 10 points on the health status index, their satisfaction index is expected to drop by 0.09 points.
• E) For each additional 10 points on the health status index, their satisfaction index is expected to decrease by 9 points.

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Definitions:

Form 941-X

A form used by employers to correct mistakes made on a previously filed Form 941, which reports quarterly federal tax returns.

Electronic Funds Transfer

The digital transfer of money from one bank account to another either within the same financial institution or across different institutions.

Allocated Tips

Tips that an employer assigns to an employee in addition to the tips the employee reported, usually in the context of large food and beverage establishments.

Withholding Tables

Charts provided by the IRS that employers use to determine the amount of federal income tax to withhold from employees' wages.