Human resource managers face the business problem of assessing the impact of factors on full-time job growth.

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Human resource managers face the business problem of assessing the impact of factors on full-time job growth. A human resource manager is interested in the impact of full-time voluntary turnover and total worldwide revenues on the number of full-time jobs added in the last year. Data are collected from a sample of 83 "best companies to work for." The total number of full-time jobs added in the past year, the full-time voluntary turnover in the past year (in %), and the total worldwide revenue (in $billions) are recorded and stored in BestCompanies. (Data extracted from Best Companies to Work For, 2015, fortune.com/best-companies.)

a. State the multiple regression equation.

b. Interpret the meaning of the slopes, b1 and b2, in this problem.

c. Interpret the meaning of the regression coefficient, b0.

d. Which factor has the greatest effect on the number of full-time jobs added in the last year? Explain.

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Statistics For Managers Using Microsoft Excel

ISBN: 9780134173054

8th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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Question Posted: Jan 25, 2017 07:51 AM

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Human resource managers face the business problem of assessing the impact of factors on full-time job growth.

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a where is total worldwide revenue and is fulltime voluntary turnover b For a ...View the full answer

Statistics For Managers Using Microsoft Excel

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