Exhibit 15-2 A Regression Model Between Sales (Y in $1,000), Unit Price

question 94

Multiple Choice

Exhibit 15-2
A regression model between sales (y in $1,000) , unit price (x₁ in dollars) and television advertisement (x₂ in dollars) resulted in the following function: = 7 - 3x₁ + 5x₂
For this model SSR = 3500, SSE = 1500, and the sample size is 18.
-Refer to Exhibit 15-2. The coefficient of x₂ indicates that if television advertising is increased by $1 (holding the unit price constant) , sales are expected to

• A)increase by $5
• B)increase by $12,000
• C)increase by $5,000
• D)decrease by $2,000

Understand the purpose and functionality of dashboards in HRM.

Comprehend the advantages of IT-aided HR systems over traditional paper-based systems.

Understand the basics and significance of relational databases in HRM.

Recognize the importance of selecting relevant key performance indicators (KPIs) for HR dashboards.

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Definitions:

Resemblance

The state or fact of being similar or bearing a likeness to something else, often used in genetics, social relationships, or visual comparisons.

Evolutionary Psychology

A theoretical approach in psychology that explains human behavior and mental processes through the lens of adaptation and natural selection.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.

Evolutionary Logic

The rationale behind the evolutionary process, explaining how and why species change over time through natural selection and genetic drift.