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

question 4

Multiple Choice

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

---

Definitions:

Safe Sex

Sexual activities that are practiced to reduce the risk of transmitting or acquiring sexually transmitted infections (STIs) and unwanted pregnancies.

Total Institution

A setting where individuals are isolated from broader society and subjected to strict regulations and control, often for the purpose of radical socialization.

Army Recruits

Individuals who have newly joined the army, undergoing training and education to serve as soldiers.

Socialization

The process by which individuals learn and internalize the values, beliefs, and norms of their culture or society, shaping their personality and social behavior.