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

question 132

Multiple Choice

Twenty-one executives in a large corporation were randomly selected to study the effect of several factors on annual salary (expressed in $000s) . The factors selected were age, seniority, years of college, number of company divisions they had been exposed, to and the level of their responsibility. The results of the regression analysis follow: Which one of the following is the dependent variable?

• A) Age
• B) Seniority
• C) Level of responsibility
• D) Annual salary

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Definitions:

Personal Moral Responsibility

The obligation of an individual to act in accordance with ethical principles and to be accountable for their own actions.

Hedonists

Individuals who believe that the pursuit of pleasure is the most important goal of human life.

Good Life

A concept reflecting a state of well-being, fulfillment, and happiness, often pursued through ethical and meaningful living.

Utility Principle

A principle in ethics and economics stating that the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number.