Twenty-One Executives in a Large Corporation Were Randomly Selected for a Study

question 93

Multiple Choice

Twenty-one executives in a large corporation were randomly selected for a study in which several factors were examined to determine their effect on annual salary (expressed in $000's) . The factors selected were age, seniority, years of college, number of company divisions they had been exposed to and the level of their responsibility. A regression analysis was performed using a popular spreadsheet program with the following regression output: Which of the following has the most influence on salary--20years of seniority, 5 years of college or attaining 55 years of age?

• A) 20 years of seniority
• B) 5 years of college
• C) attaining 55 years of age
• D) seniority, education and age all have equal influence on salary

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Definitions:

Poverty Rate

The percentage of the population living below the national poverty line, indicating the level of economic hardship.

Homelessness

The condition of people without a permanent dwelling, such as a house or apartment, often resulting from economic hardship, lack of affordable housing, or other factors.

Homeless

Individuals who lack a fixed, regular, and adequate nighttime residence, including those living in shelters or places not meant for human habitation.

Americans

People originating from or living in the United States of America.