Data were collected on the following variables: turnover rate, job growth, numbe
ID: 3157722 • Letter: D
Question
Data were collected on the following variables: turnover rate, job growth, number of employees, and innovative index in a sample of firms was selected from the high tech industry (Industry = 1) and the financial services sector (Industry = 0). Which of the following independent variables are significant in this regression equation at = .05?
Dependent Variable is Turnover Rate
Predictor Coef SE Coef T P
Constant 9.2439 0.7871 11.74 0.000
Innovative Index -0.02402 0.01524 -1.58 0.134
Job Growth -0.50127 0.07287 -6.88 0.000
Employees 0.0006144 0.0005461 1.13 0.276
Industry -2.8329 0.4699 -6.03 0.000
Job Growth
Innovative Index
Industry
Innovative Index and Job Growth
Job Growth and Industry
Explanation / Answer
By looking at p values (Column P), The p values are less than 0.05() for Job Growth and Industry.
So we can say that, the independent variables Job Growth and Industry are significant in this regression equation.
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