A Manager at a Local Bank Analyzed the Relationship Between

question 69

Multiple Choice

A manager at a local bank analyzed the relationship between monthly salary (y, in $) and length of service (x, measured in months) for 30 employees. She estimates the following model: Salary = β₀ + β₁Service + ε. The following table summarizes a portion of the regression results. Using the 95% confidence interval, which of the following is the conclusion to the following hypothesis test: H₀: β₀ = 0; H_A: β₀ ≠ 0?

• A) At the 5% significance level, reject H₀ because the interval contains 0.
• B) At the 5% significance level, do not reject H₀ because the interval contains 0.
• C) At the 5% significance level, reject H₀ because the interval does not contain 0.
• D) At the 5% significance level, do not reject H₀ because the interval does not contain 0.

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Definitions:

Horizontally Enlarges

An approach to job design where tasks of similar complexity are added to an employee's role to broaden the variety of activities.

Person-job Fit Model

A framework in human resource management that emphasizes matching individuals' abilities and preferences with the requirements and rewards of a job.

Job Enrichment

A method to motivate employees by enhancing their job roles with more meaningful tasks and giving them more autonomy.

Universal Job Design

A conceptual approach to creating jobs that can be effectively and efficiently performed by a wide variety of individuals.