Use the Regression Output Below to Answer the Following Questions $( X ) =$

question 30

Multiple Choice

Use the regression output below to answer the following questions.
Lingar Reperaidion Anthyis: Dep Var
$( X ) =$ Weight $X = \{ A$ Ee, Gender, Heifht, MBA, $Y$ ear $\}$
$\begin{array}{|c|c|c|c|c|c|}\hline \text { Coefficients } & \boldsymbol{b} & \begin{array}{c}\text { Std. } \\\text { Error }\end{array} & \begin{array}{c}\text { Std. } \\\text { Beta }\end{array} & \begin{array}{c}\boldsymbol{t} \text {-test } \\\text { Statistic }\end{array} & \begin{array}{c}\boldsymbol{p} \text {-value } \\\text { Two Tailed }\end{array} \\\hline \text { Intercept } & -210.603 & 20.560 & & -10.243 & 0.0000 \\\hline \text { Age } & 0.660 & 0.279 & 0.101 & 2.363 & 0.0186 \\\hline \text { Gender } & 17.449 & 2.450 & 0.267 & 7.122 & 0.0000 \\\hline \text { Height } & 4.999 & 0.294 & 0.613 & 16.982 & 0.0000 \\\hline \text { MBA } & -3.122 & 3.063 & -0.043 & -1.019 & 0.3087 \\\hline \text { Year } & -0.111 & 0.507 & -0.006 & -0.218 & 0.8274 \\\hline\end{array}$

$\begin{array}{|c|c|c|c|c|}\hline \boldsymbol{r} & \boldsymbol{r}^{2} & \text { Adj. } \boldsymbol{r}^{2} & \text { SE(Reg) } & \boldsymbol{n} \\\hline 0.834 & 0.696 & 0.693 & 17.879 & 448 \\\hline\end{array}$

$\begin{array}{|c|c|c|c|c|c|}\hline \begin{array}{c}\text { Source of } \\\text { Variation }\end{array} & \begin{array}{c}\text { Sum of } \\\text { Squares }\end{array} & \text { df } & \begin{array}{c}\text { Mean } \\\text { Squares }\end{array} & \begin{array}{c}F \text {-test } \\\text { Statistic }\end{array} & \begin{array}{c}\boldsymbol{p} \text {-value } \\\text { One Tailed }\end{array} \\\hline \text { Regression } & 323592.24 & 5 & 64718.4 & 202.471 & 0.0000 \\\hline \text { Error } & 141282.23 & 442 & 319.643 & & \\\hline \text { Total } & 464874.47 & 447 & & & \\\hline\end{array}$

-Which variable(s) is/are (a) significant,strong predictor(s) of Weight in the regression above?

• A) Age and Height
• B) Gender only
• C) Height only
• D) Age, Height, Gender, MBA and Year
• E) Height and Gender

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Definitions:

Operations

The day-to-day activities involved in running a business that lead to the production of goods and services.

Variable Costing

An accounting method that only considers variable costs (costs that change with production levels) in product pricing and decision making, excluding fixed costs.

Absorption Costing

is an accounting method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed manufacturing overhead - in the cost of a product.

Fixed Manufacturing Overhead

Costs related to manufacturing that do not vary with the level of production, such as rent, salaries, and utility costs for the factory.