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A Sample of 33 Companies Was Randomly Selected and Data Response Variable is Turnover Rate\text{Response Variable is Turnover Rate}

Question 7

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) .Based on the Output, how much of the variability in Turnover Rate is explained by the estimated multiple Regression model?

Response Variable is Turnover Rate\text{Response Variable is Turnover Rate}

 Predictor  Coef  SE Coef  T  P  Constant 12.10050.782615.460.000 Trust Index 0.071490.019663.640.001 Average Bonus 0.00072160.00014814.870.000\begin{array} { l r r r r } \text { Predictor } & \text { Coef } & \text { SE Coef } & \text { T } & \text { P } \\ \text { Constant } & 12.1005 & 0.7826 & 15.46 & 0.000 \\ \text { Trust Index } & - 0.07149 & 0.01966 & - 3.64 & 0.001 \\ \text { Average Bonus } & - 0.0007216 & 0.0001481 & - 4.87 & 0.000 \end{array}


A) 78.3% 78.3 \%
B) 79.6%79.6 \%
C) 12.1%12.1 \%
D) 95.4%95.4 \%
E) None of the above.

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