A sample of General Mills employees was studied to determine their degree of satisfaction with their present life. A special index, called the index of satisfaction, was used to measure satisfaction. Six factors were studied: age at the time of first marriage (X₁), annual income (X₂), number of children living (X₃), value of all assets (X₄), status of health in the form of an index (X₅), and the average number of social activities per week (X₆). Suppose the multiple regression equation is: Y' = 16.24 + 0.017X₁+ 0.00028X₂+42X₃+ 0.0012X₄+ 0.09X₅+ 26.8X₆. Explain the meaning of b₄. A) For each additional living child, their satisfaction index is expected to increase by 42 points. B) For each additional$1,000 of annual income, their satisfaction index is expected to increase by 0.028 points. C) For each additional$10,000 in assets, their satisfaction index is expected to increase by 0.12 points. D) For each additional$10,000 in assets, their satisfaction index is expected to increase by 1.2 points. E) For each additional$10,000 in assets, their satisfaction index is expected to increase by 12 points.

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The Answer of A sample of General Mills employees was studied to determine their degree of satisfaction with their present life. A special index, called the index of satisfaction, was used to measure satisfaction. Six factors were studied: age at the time of first marriage (X₁), annual income (X₂), number of children living (X₃), value of all assets (X₄), status of health in the form of an index (X₅), and the average number of social activities per week (X₆). Suppose the multiple regression equation is: Y' = 16.24 + 0.017X₁+ 0.00028X₂+42X₃+ 0.0012X₄+ 0.09X₅+ 26.8X₆. Explain the meaning of b₄. A) For each additional living child, their satisfaction index is expected to increase by 42 points. B) For each additional$1,000 of annual income, their satisfaction index is expected to increase by 0.028 points. C) For each additional$10,000 in assets, their satisfaction index is expected to increase by 0.12 points. D) For each additional$10,000 in assets, their satisfaction index is expected to increase by 1.2 points. E) For each additional$10,000 in assets, their satisfaction index is expected to increase by 12 points.

A Sample of General Mills Employees Was Studied to Determine