A Sample of General Mills Employees Was Studied to Determine

question 113

Multiple Choice

A sample of General Mills employees was studied to determine their degree of satisfaction with their present life. A special index, called the index of satisfaction, was used to measure satisfaction. Six factors were studied: age at the time of first marriage (X₁) , annual income (X₂) , number of children living (X₃) , value of all assets (X₄) , status of health in the form of an index (X₅) , and the average number of social activities per week (X₆) . Suppose the multiple regression equation is: Y' = 16.24 + 0.017X₁ + 0.00028X₂ +42X₃ + 0.0012X₄ + 0.09X₅ + 26.8X₆.
Explain the meaning of b₄.

• A) For each additional living child, their satisfaction index is expected to increase by 42 points.
• B) For each additional$1,000 of annual income, their satisfaction index is expected to increase by 0.028 points.
• C) For each additional$10,000 in assets, their satisfaction index is expected to increase by 0.12 points.
• D) For each additional$10,000 in assets, their satisfaction index is expected to increase by 1.2 points.
• E) For each additional$10,000 in assets, their satisfaction index is expected to increase by 12 points.

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Definitions:

Restraining Forces

Restraining forces are barriers or obstacles that hinder progress towards organizational change or development.

Driving Forces

Factors that motivate or influence a particular direction of change or growth.

Restructure Organization

The act of changing the organizational structure, processes, or allocation of resources to improve efficiency, adapt to new challenges, or meet strategic goals.

Incongruent Organizational

Refers to a misalignment between various aspects of an organization, such as its goals, values, processes, or culture.