A Multiple Regression Model Was Fit to Data Investigating What

Multiple Choice

A multiple regression model was fit to data investigating what factors affect the size of company bonuses including number of employees and whether or not the employees were unionized (1 = yes, 0 = no) .The regression coefficient of Union is 1259.5.The correct interpretation of this value is that, for unionized companies compared to non-unionized companies of the same size (same number of employees) , on average the annual average bonus is ________________________ .

A) $605.80 less
B) $605.80 more
C) $1259.50 less
D) $1259.50 more
E) $208 more