Question
A company wants to study the effect of an employee's length of employment on their number of workdays absent. The company collected the following information
A company wants to study the effect of an employee's length of employment on their number of workdays absent. The company collected the following information on a random sample of seven employees. Need thesequestions worked out In steps. 1. What is the dependent variable ? _________________
2. What is the independent variable ?
3. What is the intercept?
4. What is the slope of a simple regression?
5. What is the t-statistics of the slope estimated?
6. What is the predicted absent days if the employee have worked 5 years?
7. What is the determinant coefficents of a simple regression model?
8. What is your explanation of this estimation?
Number of workdays absent | 2 | 3 | 3 | 5 | 7 | 7 | 8 |
Length of Employment (in years) | 5 | 6 | 9 | 4 | 2 | 2 | 0 |
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