Consider the following to answer the question(s) below:
A sample of firms was selected from the high tech industry (Industry = 1) and the financial services sector (Industry = 0) . Data were collected on the following variables: turnover rate, job growth, number of employees, and innovative index (higher scores indicate a more innovative and creative organizational culture) . Below are the multiple regression results.
-Which statement is true about the estimated multiple regression model?
A) Turnover rate is the indicator variable.
B) Innovative index is the indicator variable.
C) Test results indicate that the model is significant in explaining Turnover rate.
D) Innovative index is the indicator variable and the F test results indicate that the model is not significant in explaining Turnover rate.
E) All of the given possible statements are true.
Correct Answer:
Verified
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