The problem facing a manager is to assess the impact of factors on full tiese jo

Question

The problem facing a manager is to assess the impact of factors on full tiese job growth Specically, the manager is inteested in the impact of toal woadwide revonues and ful added in a year Data were collected from a sample of 93 best companies to work for" and a multiple near regression model was found, unsing the tot Smirr s) and the h.rme vokr tary turno er (%) The regession resa d in an SSR ed20 396 646 and a S E of 114,0,9 384 Complele pars (a) trough (d) belo. lime voluntary turnover on the mumber of hl Sme jobs Calodate the test statistic STAT-(Round to two decimal places as needed ) Delermine the p-value The p-value is Round to three decimal places as needed ) State the conclusior Since the p value is than the level of significance evidence to conchude are is lvear elation b. Interpret the meaning of the p val Choose the correct answer below OA. 0 8 0 C, Thep-value iste probablly of geting an overal test sta¡ e uano or yeater han he sample mut assureghe" h ne ha, 'd int bte-hdepeneriti, ndtenti net atter The p-vah" is he probability of getting an overa"'est statistic equal to or less than the sample resum assu w 'heres no inta' aelase ship between the dependent vas ble and the ? dependent wana les The pvalae is te peatatley that there is a kear relationship between te nd variable and at least one of the independent variables cack to select your answers s)

Explanation / Answer

MS=SS/df

F=MS(regression)/MS(error)=16.28

P-value=0.0056( using ms-excel=fdist(8.05,1,91))

since p-value is less than the level of significance . there is sufficient evidence to conclude there is a linear relationship

following information has been generated

(b) right choice is A.

The P value, or calculated probability, is the probability of finding the observed, or more extreme, results when the null hypothesis (H 0) of a study question is true – the definition of 'extreme' depends on how the hypothesis is being tested

source df SS MS F P-value regression 1 20396.65 20396.65 16.28 0.005609 error 91 114019.4 1252.96 total 92

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.