Multiple Choice
Write out the multiple regression model.
-In determining the best companies to work for, a number of variables are considered,
Including size, average annual pay, and turnover rate, etc. Employee surveys are often
Conducted in order to assess aspects of the organization's culture, such as trust and
Openness to change. A sample of 33 companies was randomly selected and data
Collected on the average annual bonus and turnover rate (%) . A questionnaire was also
Administered to the employees of each company to arrive at a trust index (measured on a
Scale of 0 - 100) . Based on the output shown below, the estimated multiple regression
Model is
A) Turnover Rate = 0.01966 Trust Index + 0.0001481 Average Bonus
B) Turnover Rate = 0.7826 + 0.01966 Trust Index + 0.0001481 Average Bonus
C) Turnover Rate = 12.1005 - 0.07149 Trust Index - 0.0007216 Average Bonus
D) Turnover Rate = 12.1005 + 0.07149 Trust Index + 0.0007216 Average Bonus
E) Turnover Rate = 15.46 - 3.64 Trust Index - 4.87 Average Bonus
Correct Answer:

Verified
Correct Answer:
Verified
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