For Each of the Following Scenarios, Indicate Which Is the Predictor

question 23

Essay

For each of the following scenarios, indicate which is the predictor variable and which is the response variable.
a. A study examined consumption levels of oil and carbon dioxide emissions for a sample of counties.
b. Data were collected on job performance rating and hours of training for a sample of employees at a telecommunications repair facility.
c. Salary data as well as years of managerial experience were collected for a sample of executives in the high tech industry.

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Definitions:

Balanced Scorecard

A strategy performance management tool that tracks financial and non-financial measures to give a balanced view of organizational performance.

Strategic Performance Measurement System

A framework that companies use to monitor and manage their strategies by measuring performance using financial and non-financial metrics.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor performance against strategic goals.

Lean Management System

A systematic approach for eliminating waste within a manufacturing system without sacrificing productivity.