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Using the Output Below, Calculate the Predicted Turnover Rate for a Company

Question 11

Multiple Choice

Using the output below, calculate the predicted turnover rate for a company having a trust index score of 70 and an average annual bonus of $6500.  Dependent Variable is Turnover Rate  Predictor  Coef  SE Coef  T  P  Constant 12.10050.782615.460.000 Trust Index 0.071490.019663.640.001 Average Bonus 0.00072160.00014814.870.000\begin{array}{l}\text { Dependent Variable is Turnover Rate }\\\begin{array} { l r r r r } \text { Predictor } & \text { Coef } & \text { SE Coef } & \text { T } & \text { P } \\\text { Constant } & 12.1005 & 0.7826 & 15.46 & 0.000 \\\text { Trust Index } & - 0.07149 & 0.01966 & - 3.64 & 0.001 \\\text { Average Bonus } & - 0.0007216 & 0.0001481 & - 4.87 & 0.000\end{array}\end{array}


A) 3.5%
B) 4.2%
C) 1.9%
D) 2.4 %
E) None of the above.

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