A Manager at a Local Bank Analyzed the Relationship Between

question 53

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: In the regression model,which of the following are dummy variables?

• A)Intercept
• B)Service
• C)Service and gender
• D)Gender and job

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Definitions:

Prospective Customers

Individuals or entities that are potential buyers of a product or service, often targeted in marketing efforts.

Pushing Promotional Strategy

A marketing approach that involves "pushing" products towards consumers by making sure products are visible and available in retail stores.

Purchase Decision

The process by which a consumer decides to buy a product or service, influenced by factors such as need, desire, and the perceived value of the item.

Ultimate Consumer

The end user of a product or service, who purchases and uses goods and services for personal use rather than for resale or production.