Solved

A Sample of 33 Companies Was Randomly Selected and Data

Question 11

Multiple Choice

A sample of 33 companies was randomly selected and data collected on the average annual bonus, turnover rate (%) , and trust index (measured on a scale of 0 - 100) .The regression coefficient associated with Average Bonus was found to be
-0) 0007216.The correct interpretation of this value is ________________________ .


A) holding the trust index constant, increasing the average annual bonus by $100 will decrease the turnover rate by 7.2%
B) for companies that have the same score on the trust index, increasing the average annual bonus by $100 is associated with a decrease in turnover rate of 7.2%, on average
C) for companies that have the same score on the trust index, increasing the average annual bonus by $100 is associated with an increase in turnover rate of 7.2%, on average
D) an increase of $100 in the average annual bonus decreases the turnover rate by 7.2%
E) None of the above.

Correct Answer:

verifed

Verified

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

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