A Regression Estimates That Q = 35 - 0

question 19

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,and the firm sizes in the data set range from 50 to 100.If the firm has 350 employees then

• A) its quit rate is predicted to be 70%.
• B) its quit rate is predicted to be 35%.
• C) its quit rate is predicted to be 0%.
• D) we cannot predict the quit rate using this linear model.

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Definitions:

Inspection Costs

Expenses associated with the activity of examining and verifying the quality and specifications of products or materials.

Common Causes

Factors or circumstances that are frequently observed as reasons behind certain events, issues, or outcomes.

Intrinsic Variation

The natural variability inherent within a process or system.

Process Variation

The fluctuation or inconsistency in the procedures and outcomes of manufacturing or service delivery, impacting quality and performance.