A regression model that showed good fit was developed recently to predict average annual pay for companies based on the percentage of female employees.Companies included in the analysis had between 40% and 80% of employees who were female.This model could safely be used to estimate average annual pay for companies ________________________ . A)with ¾ of female employees B)owned and operated in the 18^th century C)with 10% of female employees D)that will start up in the next 20 years E)regardless of the number of females or annual pay

Question

Quizplus · Accepted Answer

The model was developed for companies with 40% to 80% female employees, so it can safely be used for a company with 75% (or ¾) female employees, as this falls within the specified range. Other options are outside the model's scope or involve conditions not accounted for in the model's development.

A Regression Model That Showed Good Fit Was Developed Recently