Question
Correlation: Your manager feels employee pay has a strong correlation with employee retention. Answer the questions below using table7. Table 7 Regression Statistics Multiple R
Correlation: Your manager feels employee pay has a strong correlation with employee retention. Answer the questions below using table7.
Table 7 | ||||
Regression Statistics | ||||
Multiple R | 0.7029 | |||
R Square | 0.4941 | |||
Adjusted R Square | 0.3254 | |||
Standard Error | 9.5848 | |||
Observations | 25 | |||
Coefficients | Standard Error | t Stat | P-value | |
Intercept | 49.4549 | 29.7218 | 4.422514 | 0.194715 |
Pay | 0.5137 | 0.3001 | 51.64959 | 0.001854 |
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- 4
If x is 37,what would the equation show for y (using table 7)
- 3
Using table 7, the coefficient of correlation tells us
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- 2
Explain the coefficient of determinationin table 7
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- 1
What is the equation using table 7?
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