Essay
Twenty-one executives in a large corporation were randomly selected to study the effect of several factors on annual salary (expressed in $000s). The factors selected were age, seniority, years of college, number of company divisions they had been exposed to, and the level of their responsibility. The results of the regression analysis follow: Which independent variable has the most significant effect on annual salary?
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Level of responsibility
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Correct Answer:
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Explanation: The...
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