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A Multiple Regression Model Was Fit to Predict Size of Company

Question 7

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 5000 employees that are unionized?


A) $3195
B) $8176.80
C) $5253
D) $7980.25
E) $10,259.20

Correct Answer:

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