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A Multiple Regression Model Was Fit to Predict Size of Company

Question 11

Multiple Choice

A multiple regression model was fit to predict size of company bonuses from number of employees and unionized employees (1 = yes, 0 = no) .The resulting model was:
Based on this model, what is the annual average bonus for a company with 7500 employees that are not unionized?


A) $5413
B) $10,259.20
C) $10,666
D) $5253
E) $7980.25

Correct Answer:

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