In the Following Regression, Which Are the Two Best Predictors

question 118

Multiple Choice

In the following regression, which are the two best predictors? $$\begin{array} { l r r } \hline \text { Variables } & \text { Coefficients } & \text { Std. Error } \\\hline \text { Intercept } & 9.8080 & 16.9900 \\\text { NumCyl } & - 1.6804 & 0.5757 \\\text { HPMax } & - 0.0369 & 0.0140 \\\text { ManTran } & 0.2868 & 1.2802 \\\text { Length } & 0.1109 & 0.0601 \\\text { Wheelbase } & - 0.0701 & 0.1714 \\\text { Width } & 0.4079 & 0.2922 \\\text { RearStRm } & - 0.0085 & 0.2018 \\\text { Weight } & - 0.0025 & 0.0020 \\\text { Domestic } & - 1.2291 & 1.1391 \\\hline\end{array}$$

• A)NumCyl, HpMax
• B)Intercept, NumCyl
• C)NumCyl, Domestic
• D)ManTran, Width

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Definitions:

Regular Time Cost

The cost associated with employees' wages during their standard working hours, excluding overtime compensation.

Over Time Cost

The additional expenses incurred due to operations extending beyond the normal working hours, including but not limited to wages for overtime work.

Marginal Subcontracting Cost

The increased cost associated with subcontracting an extra unit of production or service.

Layoff Cost

Expenses associated with reducing the workforce, including severance pay, benefits continuation, and related administrative costs.