Solved

TABLE 17-3 A Financial Analyst Wanted to Examine the Relationship Between Salary

Question 120

Short Answer

TABLE 17-3
A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X1 = Age),experience in the field (X2 = Exper),number of degrees (X3 = Degrees),and number of previous jobs in the field (X4 = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output:
SUMMARY OUTPUT
Regression Statistics TABLE 17-3 A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X<sub>1</sub> = Age),experience in the field (X<sub>2</sub> = Exper),number of degrees (X<sub>3</sub> = Degrees),and number of previous jobs in the field (X<sub>4</sub> = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics   ANOVA     -Referring to Table 17-3,the estimate of the unit change in the mean of Y per unit change in X<sub>4</sub>,taking into account the effects of the other 3 variables,is ________. ANOVA TABLE 17-3 A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X<sub>1</sub> = Age),experience in the field (X<sub>2</sub> = Exper),number of degrees (X<sub>3</sub> = Degrees),and number of previous jobs in the field (X<sub>4</sub> = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics   ANOVA     -Referring to Table 17-3,the estimate of the unit change in the mean of Y per unit change in X<sub>4</sub>,taking into account the effects of the other 3 variables,is ________. TABLE 17-3 A financial analyst wanted to examine the relationship between salary (in $1,000)and 4 variables: age (X<sub>1</sub> = Age),experience in the field (X<sub>2</sub> = Exper),number of degrees (X<sub>3</sub> = Degrees),and number of previous jobs in the field (X<sub>4</sub> = Prevjobs).He took a sample of 20 employees and obtained the following Microsoft Excel output: SUMMARY OUTPUT Regression Statistics   ANOVA     -Referring to Table 17-3,the estimate of the unit change in the mean of Y per unit change in X<sub>4</sub>,taking into account the effects of the other 3 variables,is ________.
-Referring to Table 17-3,the estimate of the unit change in the mean of Y per unit change in X4,taking into account the effects of the other 3 variables,is ________.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions