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Twenty-One Executives in a Large Corporation Were Randomly Selected for a Study

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Twenty-one executives in a large corporation were randomly selected for a study to determine the effect of several factors on annual salary (expressed in $000's). The factors selected were age, seniority, years of college, number of company divisions they had been exposed to and the level of their responsibility. A regression analysis was performed using a popular spreadsheet program with the following regression output: Twenty-one executives in a large corporation were randomly selected for a study to determine the effect of several factors on annual salary (expressed in $000's). The factors selected were age, seniority, years of college, number of company divisions they had been exposed to and the level of their responsibility. A regression analysis was performed using a popular spreadsheet program with the following regression output:   What proportion of the total variation in salary is accounted for by the set of independent variables? What proportion of the total variation in salary is accounted for by the set of independent variables?


Definitions:

Intimacy

Warmth, closeness, and sharing in a relationship.

Gender Differences

Variations in physical, psychological, and social traits that distinguish the sexes, often influenced by cultural, social, and environmental factors.

Triangular Theory

A theory in psychology, often applied to love, which posits that there are three components: intimacy, passion, and commitment.

Support

Assistance or encouragement provided to someone, typically in a time of need.

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