Partial Regression Results from a Sample of 24 Observations Are

question 70

Multiple Choice

Partial regression results from a sample of 24 observations are shown below.Determine the value of R, the correlation coefficient here.

• A).556
• B).745
• C).649
• D).867
• E).895

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Definitions:

Staffing Table

Total HR demand requirement for operational or short-run time periods.

HR Demand

The estimated number and type of employees an organization will need in the future to meet its business objectives.

Tight Labour Market

Economic conditions characterized by low unemployment rates and high demand for workers, often leading to increased wages and a competitive environment for hiring.

Labour Supply

The total hours that workers are willing and able to work at a given wage rate.