TABLE 14-4 A Real Estate Builder Wishes to Determine How House Size

question 195

Multiple Choice

TABLE 14-4
A real estate builder wishes to determine how house size (House) is influenced by family income (Income) , family size (Size) , and education of the head of household (School) . House size is measured in hundreds of square feet, income is measured in thousands of dollars, and education is in years. The builder randomly selected 50 families and ran the multiple regression. Microsoft Excel output is provided below:
-Referring to Table 14-4, when the builder used a simple linear regression model with house size (House) as the dependent variable and education (School) as the independent variable, he obtained an r² value of 23.0%. What additional percentage of the total variation in house size has been explained by including family size and income in the multiple regression?

• A) 2.8%
• B) 51.8%
• C) 72.6%
• D) 74.8%

Understand how leadership can influence organizational culture positively or negatively.

Grasp methods for maintaining organizational culture and their effects.

Recognize the signs of organizational culture through managerial focus and reactions.

Comprehend the significance of rites and rituals in reinforcing or shifting organizational culture.

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Definitions:

Reflective Appraisal

A concept in social psychology referring to how individuals think others perceive them and how those perceptions affect the individual's self-view.

Looking-glass Self

A social psychological concept that suggests an individual's self-perception is influenced by how others perceive and respond to them.

Subliminally Exposed

Pertains to the exposure of individuals to stimuli below their threshold of conscious awareness, influencing behavior or perception unknowingly.

Sexual Dream

A dream involving sexual images or scenarios, often reflecting a person's subconscious desires or fears.