Carlos Cavazos,Director of Human Resources,is exploring employee absenteeism at the Plano Piano 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.
Correct Answer:
Verified
Q42: In multiple regression analysis, qualitative variables are
Q44: Yvonne Yang, VP of Finance at Discrete
Q53: Which of the following iterative search procedures
Q57: Alan Bissell,a market analyst for City Sound
Q58: A multiple regression analysis produced the
Q61: Inspection of the following table of correlation
Q62: A useful technique in controlling multicollinearity involves
Q64: Abby Kratz,a market specialist at the market
Q67: Inspection of the following table of correlation
Q76: Large correlations between two or more independent
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents