Data were collected on Job Growth (%) and Industry in an attempt to develop a model to predict Turnover Rate in a sample of 22 firms from the high tech (Industry = 1) and the financial services sector (Industry = 0).Based on the output provided, the predicted turnover rate for a firm in the financial services sector with a 2% job growth rate is ________________________ .

A)8.25%
B)7.69%
C)4.56%
D)6.19%
E)None of the above.

Question

Data were collected on Job Growth (%) and Industry in an attempt to develop a model to predict Turnover Rate in a sample of 22 firms from the high tech (Industry = 1) and the financial services sector (Industry = 0) .Based on the output provided, the predicted turnover rate for a firm in the financial services sector with a 2% job growth rate is ________________________ .

A)8.25% 
B)7.69% 
C)4.56% 
D)6.19% 
E)None of the above.

Quizplus · Accepted Answer

The Answer of Data were collected on Job Growth (%) and Industry in an attempt to develop a model to predict Turnover Rate in a sample of 22 firms from the high tech (Industry = 1) and the financial services sector (Industry = 0).Based on the output provided, the predicted turnover rate for a firm in the financial services sector with a 2% job growth rate is ________________________ .

A)8.25% 
B)7.69% 
C)4.56% 
D)6.19% 
E)None of the above.

Data Were Collected on Job Growth (%) and Industry in an Attempt