A Manager at a Local Bank Analyzed the Relationship Between

question 79

Multiple Choice

A manager at a local bank analyzed the relationship between monthly salary and three independent variables: length of service (measured in months) , gender (0 = female, 1 = male) and job type (0 = clerical, 1 = technical) . The following ANOVA summarizes the regression results: Based on the ANOVA and a 0.05 significance level, the global null hypothesis test of the multiple regression model

• A) Will be rejected and conclude that monthly salary is related to all of the independent variables.
• B) Will be rejected and conclude that monthly salary is related to at least one of the independent variables.
• C) Will not be rejected.
• D) Will show a high multiple coefficient of determination.

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Definitions:

VALS Profile

A psychographic tool developed to categorize consumers into types based on their values, attitudes, and lifestyles to better understand buying behavior.

Drive

An innate or learned psychological factor that compels or motivates an individual's actions toward a particular goal.

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How a customer views the value of a product or service compared to other available options.

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A technology that allows people in different locations to hold face-to-face meetings without needing to be in the same place, through the Internet and video equipment.