In regression,what does it mean when the R2 = 1?
A) All of the variation in market pay can be explained by the company's job structure.
B) None of the variation in market pay can be explained by the company's job structure.
C) All of the variation in market pay can be explained by the company's external pay rates.
D) All of the variation in market pay can be explained by the benchmark rates.
Correct Answer:
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Q23: _ analyses enable compensation professionals to establish
Q24: _ refers to a group of two
Q25: Market match policies are generally set to
Q27: Market lag policies are generally set to
Q35: _ allow compensation professionals to describe the
Q36: How often is the Consumer Price Index
Q36: Compensation professionals in XYZ Company use regression
Q39: HR professionals rely on _ jobs as
Q41: The market _ policy distinguishes a company
Q42: The market _ policy most closely follows
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