Consider the Following to Answer the Question(s) Below

question 12

Multiple Choice

Consider the following to answer the question(s) below:
A sample of 30 companies was randomly selected for a study investigating what factors affect the size of company bonuses. Data were collected on the number of employees at the company and whether or not the employees were unionized (1 = yes, 0 = no) . The following multiple regression model was fit to the data.
-At α = 0.05, we can conclude that

• A) The multiple regression model is significant in explaining the size of company bonuses.
• B) The number of employees at the company is a significant variable in explaining the size of company bonuses.
• C) Whether or not the employees are unionized is a significant variable in explaining the size of company bonuses.
• D) The multiple regression model is significant in explaining the size of company bonuses and the number of employees at the company is a significant variable in explaining the size of company bonuses.
• E) All of the given possible answers are correct.

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Definitions:

Notion Of Progress

The idea or belief that society, technology, the economy, and cultures are moving forward and improving over time.

Horticulturalists

Individuals or societies that specialize in the art and science of cultivating plants, especially fruits, vegetables, and ornamental plants.

Agriculturalists

Individuals or societies that engage in agriculture, the practice of cultivating soil, producing crops, and raising livestock for human use.

Tool Ownership

The concept or practice of possessing and using tools, highlighting the ability of humans and some animals to utilize objects to perform tasks more efficiently.