Below is a scatterplot of size of company bonuses (Y) by number of employees at the company (X) for unionized and non-unionized employees.What does the scatterplot suggest?

A)Using Union as an indicator variable in this model is appropriate.
B)Using the interaction term Employees*Union in the model is appropriate.
C)Union should not be included in the model as a variable.
D)Employees should not be included in the model as a variable.
E)None of the above.

Question

Below is a scatterplot of size of company bonuses (Y) by number of employees at the company (X) for unionized and non-unionized employees.What does the scatterplot suggest?

A)Using Union as an indicator variable in this model is appropriate. 
B)Using the interaction term Employees*Union in the model is appropriate. 
C)Union should not be included in the model as a variable. 
D)Employees should not be included in the model as a variable. 
E)None of the above.

Quizplus · Accepted Answer

The Answer of Below is a scatterplot of size of company bonuses (Y) by number of employees at the company (X) for unionized and non-unionized employees.What does the scatterplot suggest?

A)Using Union as an indicator variable in this model is appropriate. 
B)Using the interaction term Employees*Union in the model is appropriate. 
C)Union should not be included in the model as a variable. 
D)Employees should not be included in the model as a variable. 
E)None of the above.

Below Is a Scatterplot of Size of Company Bonuses (Y)