A Manager at a Local Bank Analyzed the Relationship Between

question 72

Multiple Choice

A manager at a local bank analyzed the relationship between monthly salary (y,in $) and length of service (x,measured in months) for 30 employees.She estimates the following model: Salary = β₀ + β₁ Service + ε.The following table summarizes a portion of the regression results. Which of the hypotheses will determine whether the slope differs from zero?

• A) H₀:β₀ = 0;H_A: β₀ ≠ 0
• B) H₀:β₁ = 0;H_A: β₁ ≠ 0
• C) H₀:b₀ = 0;H_A: b₀ ≠ 0
• D) H₀:b₁ = 0;H_A: b₁ ≠ 0

---

Definitions:

WOM

WOM, or Word Of Mouth, describes the process through which consumers share their experiences with a product or service, influencing other potential customers.

Novel

New or not previously identified, often referring to ideas, products, or phenomena that are innovative or unprecedented.

Stickiness

The ability of a product, service, or website to retain user interest and engagement over time.

The Tipping Point

A concept describing the moment when a trend, idea, or behavior becomes significantly widespread or influential.