Consider the Following to Answer the Question(s) Below

question 14

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.
-Which of the following statements is not true at α = 0.05?

• A) The multiple regression model is overall 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 regression model accounts for 62.4% of the variation in average annual bonus.
• E) The regression model only accounts for 59.6% of the variation in average annual bonus because Employees is not significant variable.

---

Definitions:

Increase With Age

A term indicating that a particular phenomenon, characteristic, or metric tends to rise or enhance as individuals or elements get older.

Relationship Management

Relationship management involves strategies and practices to maintain, improve, and enhance relationships with clients, customers, and stakeholders.

Emotional Intelligence

is the ability to recognize, understand, manage, and reason with emotions in oneself and others.

Job Satisfaction

The degree to which employees feel positively about their job, including aspects like work environment, duties, and compensation.