A Manager at a Local Bank Analyzed the Relationship Between

question 46

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 hypothesis tests for the individual regression coefficients,

• A) All the regression coefficients are not equal to zero.
• B) "Job" is the only non-significant variable in the model.
• C) The intercept is the only significant variable in the model.
• D) "Service" is the only significant variable in the model.

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Definitions:

Out-group Homogeneity Bias

The perceptual tendency to overestimate the similarity of individuals within an out-group compared to those within an in-group.

Variability

The degree to which data points in a set differ from each other and from the average of the set.

In-group

A social group to which a person psychologically identifies as being a member.

Expected Award

A prediction or anticipation of a reward or recognition that one believes they will receive for their actions or performance.