Suppose You Have Done a Simple Linear Regression Analysis Using

question 13

Multiple Choice

Suppose you have done a simple linear regression analysis using a sample of 50 data points in an attempt to find a linear connection between worker overtime hours (x) and worker productivity (y) for employees of Sky Marketing Enterprises.The correlation coefficient turned out to be -.80. If total variation in y was 22500, then the standard error of estimate, s_y.x, must be ______.

• A)13.0
• B)18.6
• C)14.4
• D)10.3
• E)12.5

---

Definitions:

Recession

A brief spell of economic backslide, with a noted reduction in commerce and industrial production, usually spotted by a fallen GDP in two consecutive quarters.

Employment

A relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

Unemployment Rate

The demographic of the labor force that is without employment but actively hunting for work.

Capacity Utilization

A measure of how fully an economy's productive capacity is used, typically expressed as a percentage of total potential output.