In a Multiple Regression Model, Industry (1=high Tech, 0=financial Services)

Multiple Choice

In a multiple regression model, industry (1=high tech, 0=financial services) , job growth, number of employees, and innovative index were used to predict turnover rate in a sample of firms.The coefficient of Industry is -2.8329.This means that for firms with the same innovative index score, job growth and number of employees the turnover rate will, on average, be ________________________ .

A) 2.83% less for a firm from high tech industry compared to financial services
B) 2.83% less for a firm from the financial services compared to the high tech industry
C) 2.83% more for a firm from the high tech industry compared to the financial services
D) 6.03% less for a firm from the high tech industry compared to the financial services
E) 0.47% less for a firm from the financial services compared to the high tech industry