TABLE 14-2 A Professor of Industrial Relations Believes That an Individual's Wage

question 291

Multiple Choice

TABLE 14-2
A professor of industrial relations believes that an individual's wage rate at a factory (Y) depends on his performance rating (X₁) and the number of economics courses the employee successfully completed in college (X₂) . The professor randomly selects 6 workers and collects the following information:
-Referring to Table 14-2, for these data, what is the estimated coefficient for performance rating, b₁?

• A) 0.616
• B) 1.054
• C) 6.932
• D) 9.103

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Definitions:

Growth-need Strength

The degree to which an individual needs personal growth, development, and intrinsic motivation at work.

Job Enrichment

Job enrichment is a process that enhances job satisfaction and employee motivation by integrating more meaningful tasks, giving workers more control over their duties, and offering opportunities for personal growth.

Higher Order Needs

Are esteem and self‐actualisation needs in Maslow’s hierarchy.

Core Job Characteristics

Fundamental attributes of a job that affect an employee's work engagement and motivation, which include skill variety, task identity, task significance, autonomy, and feedback.