Carlos Martin, Director of Human Resources, is exploring employee absenteeism at the Plano Automotive Plant.A multiple regression analysis was performed using to the following variables.The results are presented below: Which of the following conclusions can be drawn from the above results?
A)All the independent variables in the regression are significant at 5% level.
B)Commuting distance is a highly significant (

Question

Carlos Martin, Director of Human Resources, is exploring employee absenteeism at the Plano Automotive Plant.A multiple regression analysis was performed using to the following variables.The results are presented below:     Which of the following conclusions can be drawn from the above results?
A)All the independent variables in the regression are significant at 5% level. 
B)Commuting distance is a highly significant (<1%)variable in explaining absenteeism. 
C)Age of the employees tends to have a very significant (<1%)effect on absenteeism. 
D)This model explains a little over 49% of the variability in absenteeism data. 
E)A single-parent household employee is expected to be absent less number of days if all other variables are held constant compared to one who is not a single-parent household.

Quizplus · Accepted Answer

The Answer of Carlos Martin, Director of Human Resources, is exploring employee absenteeism at the Plano Automotive Plant.A multiple regression analysis was performed using to the following variables.The results are presented below:     Which of the following conclusions can be drawn from the above results?
A)All the independent variables in the regression are significant at 5% level. 
B)Commuting distance is a highly significant (<1%)variable in explaining absenteeism. 
C)Age of the employees tends to have a very significant (<1%)effect on absenteeism. 
D)This model explains a little over 49% of the variability in absenteeism data. 
E)A single-parent household employee is expected to be absent less number of days if all other variables are held constant compared to one who is not a single-parent household.

Carlos Martin, Director of Human Resources, Is Exploring Employee Absenteeism