Solved

According to the Following Regression Analysis, the Correlation Between Average =4877+0.245= - 4877 + 0.245

Question 27

Multiple Choice

According to the following regression analysis, the correlation between average annual cash bonus and average annual pay using α = 0.05 is Regression Analysis: Cash Bonus versus Pay
The regression equation is: Cash Bonus =4877+0.245= - 4877 + 0.245 Pay
 Predictor  Coef  SE Coef T T Constant 487791060.540.599 Pay 0.24530.10792.270.036\begin{array} { l r r r r } \text { Predictor } & \text { Coef } & \text { SE Coef } & T & \mathrm {~T} \\ \text { Constant } & - 4877 & 9106 & - 0.54 & 0.599 \\ \text { Pay } & 0.2453 & 0.1079 & 2.27 & 0.036 \end{array}
S=13188.6RSq=22.3%\mathrm { S } = 13188.6 \quad \mathrm { R } - \mathrm { Sq } = 22.3 \%


A) not significantly different from zero.
B) negative but not significantly different from zero.
C) positive and significantly different from zero.
D) negative and significantly different from zero.
E) Cannot be determined from the information given.

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