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To Encourage Performance, Loyalty, and Continuing Education, the Human Resources

question 4

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To encourage performance, loyalty, and continuing education, the human resources department at a large company wants to develop a regression-based compensation model for mid-level managers based on three variables: business unit-profitability in $1,000s (Profit) , years with company (Years) , and a dummy variable (Grad) which takes on 1 when the individual holds a graduate degree in a relevant field and 0 otherwise. Data have been collected for 36 managers. The sample regression equation is To encourage performance, loyalty, and continuing education, the human resources department at a large company wants to develop a regression-based compensation model for mid-level managers based on three variables: business unit-profitability in $1,000s (Profit) , years with company (Years) , and a dummy variable (Grad)  which takes on 1 when the individual holds a graduate degree in a relevant field and 0 otherwise. Data have been collected for 36 managers. The sample regression equation is   = - 13,264.3 + 14.13Profit + 1,868.53Years + 45,121.94Grad - 0.1539Profit × Grad - 198.34 Years × Grad. Which of the following is the predicted value of Compensation for a manager having 15 years with the company, a graduate degree, and a business-unit profit of $4,800,000? A)  $121,492.60 B)  $108,324.80 C)  $101,749.70 D)  $112,101.60 = - 13,264.3 + 14.13Profit + 1,868.53Years + 45,121.94Grad - 0.1539Profit × Grad - 198.34 Years × Grad. Which of the following is the predicted value of Compensation for a manager having 15 years with the company, a graduate degree, and a business-unit profit of $4,800,000?

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Language Acquisition

The method through which humans gain the ability to notice, create, and utilize words for understanding and communication purposes.

Nativist

A perspective that emphasizes the innate, biological foundations of behavior and cognitive development, often in contrast to the emphasis on environmental influences.

Linguistic Relativity

Linguistic relativity is the hypothesis that the structure of a language affects its speakers' world view or cognition, suggesting that language and thought are interdependent.

Nativist

A theory or perspective that emphasizes the role of innate factors over experience or learning in the acquisition of abilities and characteristics.

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