In a Study of Employee Stock Ownership Plans,data Wee Collected

question 38

Essay

In a study of employee stock ownership plans,data wee collected at seven companies on satisfaction with the plan and the amount of organization commitment.
$\begin{array} { | l | l | } \hline \text { Satisfaction } & \text { Commitment } \\\hline 5.05 & 5.37 \\\hline 4.12 & 4.49 \\\hline 5.39 & 5.42 \\\hline 4.17 & 4.45 \\\hline 4.00 & 4.24 \\\hline 4.49 & 5.34 \\\hline 5.40 & 5.62 \\\hline\end{array}$
It can be shown that for these data: $\bar{X}=4.66, \quad \bar{y}=4.99, \quad \sum_{i=1}^{7}\left(x_{i}-\bar{x}\right)^{2}=2.23$
$\sum_{i=1}^{7}\left(y_{i}-\bar{y}\right)^{2}=1.95, \quad \sum_{i=1}^{7}\left(x_{i}-\bar{x}\right)\left(y_{i}-\bar{y}\right)=1.898$
Calculate b₁.

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Definitions:

Fiscal Crime

Illegal activities affecting government revenue, including tax evasion, fraud, and embezzlement.

Burglary

Breaking and entering onto the property of another with the intent to commit a felony.

Property Crime

Crimes involving the theft of personal property or damage to property, such as burglary, larceny, arson, or vandalism.

Violent Crime

Criminal acts that involve force or threat of force, including but not limited to murder, rape, robbery, and assault.