Solved

Consider the Following to Answer the Question(s) Below

Question 1

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.   -At α = 0.05, we can conclude that A)  The multiple regression model is significant in explaining the size of company bonuses. B)  The number of employees at the company is a significant variable in explaining the size of company bonuses. C)  Whether or not the employees are unionized is a significant variable in explaining the size of company bonuses. D)  The multiple regression model is significant in explaining the size of company bonuses and the number of employees at the company is a significant variable in explaining the size of company bonuses. E)  All of the given possible answers are correct.
-At α = 0.05, we can conclude that


A) The multiple regression model is significant in explaining the size of company bonuses.
B) The number of employees at the company is a significant variable in explaining the size of company bonuses.
C) Whether or not the employees are unionized is a significant variable in explaining the size of company bonuses.
D) The multiple regression model is significant in explaining the size of company bonuses and the number of employees at the company is a significant variable in explaining the size of company bonuses.
E) All of the given possible answers are correct.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents