In Regression,what Does It Mean When the R2 = 1

question 8

Multiple Choice

In regression,what does it mean when the R2 = 1?

• A) All of the variation in market pay can be explained by the company's job structure.
• B) None of the variation in market pay can be explained by the company's job structure.
• C) All of the variation in market pay can be explained by the company's external pay rates.
• D) All of the variation in market pay can be explained by the benchmark rates.

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Definitions:

Ethical Behavior

Conduct that is consistent with principles of moral and ethical standards.

Organizational Environments

The set of external and internal conditions that affect the operations, decisions, and strategies of an organization.

Personnel Files

Documents and records kept by an employer that contain employment history, performance evaluations, and other relevant information about an employee.

Principled Level

A standard or level of behavior based on adhering to explicit principles, values, or ethics.