Consider the Following to Answer the Question(s) Below

question 7

Multiple Choice

Consider the following to answer the question(s) below:
To determine whether the tip left at the end of a meal is related to the size of the total bill at their restaurant, Chez Michelle, data were gathered for 10 customers. The data and summary statistics are shown below.

-Which of the following is a correct interpretation for the regression slope coefficient b1?

• A) The average change in y of a one-unit change in x will be b1 units.
• B) For a one-unit change in y, we can expect the value of the independent variable to change by b1 units on average.
• C) For each unit change in x, the dependent variable will change by b1 units.
• D) The average change in x of a one-unit change in y will be b1 units.
• E) The change in y of a one-unit change in x will always be b1 units.

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Definitions:

Instrumentality

Refers to the perceived likelihood that performance will be followed by a specific outcome in the expectancy theory of motivation.

Job Satisfaction

The level of contentment or happiness an individual feels regarding their job.

Good Performance

The degree to which an individual, group, or organization meets or exceeds the set expectations or standards in a given task or objective.

Rewarded

Being given something, often of value or significance, in recognition of one's service, effort, or achievement.