A Regression Estimates That Q = 35 - 0

question 27

Multiple Choice

A regression estimates that Q = 35 - 0.1*X,where Q is the quit rate,X is the number of employees at the firm.Both t-statistics are greater than two,and the firm sizes range from 50 to 100.This indicates that doubling the number of employees from 50 to 100 will reduce the quit rate by

• A) 50% points.
• B) 5% points.
• C) 35% points.
• D) 10% points.

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Definitions:

King Philip's War

A conflict between American Indian inhabitants of New England and English colonists and their Indian allies from 1675–1678, marking one of the bloodiest wars per capita in U.S. history.

Native American Population

Refers to the group of people indigenous to the Americas before European colonization.

Dominion of New England

An administrative union of English colonies in North America (1686–1689), including New England and later New York and New Jersey, created by King James II to tighten control over colonial affairs.

Bacon's Rebellion

A 1676 uprising in the Virginia Colony, led by Nathaniel Bacon, which was fueled by discontent among frontiersmen with colonial policies toward Native Americans and governance.