After Plotting a Regression (Market Line),you Determine That the Slope

question 25

Multiple Choice

After plotting a regression (market line) ,you determine that the slope is very steep.What possible conclusion can you make from observing the slope of the regression line?

• A) The correlation coefficient is approaching -1 (negative one).
• B) There is too much spread in job evaluation points between low-value and high-value jobs.
• C) There is not sufficient spread in job evaluation points between low-value and high-value jobs.
• D) Lower-value jobs appear to be compensated above market rates.

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Definitions:

Global Environment

Refers to the international context in which businesses operate, encompassing economic, political, social, and technological factors across borders.

Strategies

Refers to comprehensive plans or sets of actions designed to achieve specific goals or objectives.

Static

Relating to or characterized by a fixed or stationary condition, lacking movement, development, or change.

Dynamic

Dynamic refers to systems or processes characterized by constant change, activity, or progress, often requiring flexible and adaptive responses.