Solved

Consider the Following to Answer the Question(s) Below

Question 19

Multiple Choice

Consider the following to answer the question(s) below:
A sample of 30 companies was randomly selected for a study investigating what factors affect the size of company bonuses. Data were collected on the number of employees at the company and whether or not the employees were unionized (1 = yes, 0 = no) . The following multiple regression model was fit to the data. Consider the following to answer the question(s)  below: A sample of 30 companies was randomly selected for a study investigating what factors affect the size of company bonuses. Data were collected on the number of employees at the company and whether or not the employees were unionized (1 = yes, 0 = no) . The following multiple regression model was fit to the data.   -The estimated regression model is A)  Average Annual Bonus = 347.9 + 0.6547 Employees + 1259.5 Union. B)  Average Annual Bonus = 872.2 + 0.1105 Employees + 605.8 Union. C)  Average Annual Bonus = 0.40 + 8.92 Employees + 2.08 Union. D)  Average Annual Bonus = 0.6547 Employees + 1259.5 Union. E)  Average Annual Bonus = 347.9 + 872.2 Employees + 0.40 Union.
-The estimated regression model is


A) Average Annual Bonus = 347.9 + 0.6547 Employees + 1259.5 Union.
B) Average Annual Bonus = 872.2 + 0.1105 Employees + 605.8 Union.
C) Average Annual Bonus = 0.40 + 8.92 Employees + 2.08 Union.
D) Average Annual Bonus = 0.6547 Employees + 1259.5 Union.
E) Average Annual Bonus = 347.9 + 872.2 Employees + 0.40 Union.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions