Question: Use the data file Combaro.xls to complete the following exercises. Determine whether the relationship between productivity (Prdtvty) and days absent (DysAbsnt) is linear. Develop a

Use the data file Combaro.xls to complete the following exercises. Determine whether the relationship between productivity (Prdtvty) and days absent (DysAbsnt) is linear. Develop a regression model for productivity using days absent, job satisfaction (JobSat) and unpaid overtime (UOv- Time). Is this a valid model? If not, why? Now include a new variable in the dataset. Head this variable ‘Days absent squared’. Obtain the data for this column by squaring the corresponding entry for ‘Days absent’. (Do this for the first entry and simply copy down.) Rerun the regression with the previous three independent variables plus the new variable ‘Days absent squared’. Check the t statistics and the p-values for all four independent variables. Based on the p-values, comment on the validity of the model.

Step by Step Solution

3.54 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

As seen from the scatter diagram above the relationship between the days absent and productivity is ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Statistics Questions!