A Realtor Is Trying to Predict the Selling Price of Houses

question 26

Multiple Choice

A realtor is trying to predict the selling price of houses in Greenville (in thousands of dollars) as a function of Size (measured in thousands of square feet) and whether or not there is a fireplace (FP is 0 if there is no fireplace,1 if there is a fireplace) .Part of the regression output is provided below,based on a sample of 20 homes.Some of the information has been omitted. Which statement is supported by the regression output?

• A)At α = .05,FP is not a significant predictor in a two-tailed test.
• B)A fireplace adds around $6,476 to the selling price of the average house.
• C)A large house with no fireplace will sell for more than a small house with a fireplace.
• D)FP is a more significant predictor than Size.

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Definitions:

Organizational Citizenship Behaviour

Voluntary actions performed by employees that contribute to organizational well-being and go beyond their explicit job duties.

Workforce Satisfaction

The level of contentment employees feel about their job and work environment, including factors like their tasks, compensation, and company culture.

Turnover Intentions

Employee's self-reported likelihood or intent to leave their current job.

Organizational Commitment

Organizational Commitment is the psychological attachment and loyalty a person feels towards their organization, influencing their willingness to continue working there.