The Most Significant Factor in Determining Whether an Organization Will

question 6

Multiple Choice

The most significant factor in determining whether an organization will have staff personnel is ________.

• A)the size of the organization
• B)the qualifications of the workers
• C)the type of industry
• D)the degree of centralization in the organization
• E)the nature of the products and service produced

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Definitions:

Dummy Variable

A numeric variable used in regression models to represent categories of a qualitative variable with a series of zeros and ones.

Quantitative Variable

A quantitative variable is a type of variable that can be measured quantitatively and expresses a certain quantity, amount, or range.

Slope Coefficient

It is a number that measures the degree of relationship between a dependent variable and an independent variable in a regression model.

Stepwise Procedure

A method of adding or removing variables incrementally in regression analysis based on certain criteria, such as the statistical significance of the variables.