Employee longevity A large insurance company has developed a model to identify the factors associated with employee turnover. The dependent variable is number of years an employee stays with the company before leaving. The independent variables are: whether the employee had received a promotion within the 12 months prior to leaving (1=yes, 0=no) the average of the employee's last two performance reviews (10-point rating scale) number of people in the employees working group who had left the working group within the last 18 months, regardless of reason (promotion, termination, relocation, quitting, etc.) The model: Years = 2.73 .91 (if promotion received) .24 (performance review score) - .55 (# of work group departures) R = .51, R2 = .26 Please explain the model: Interpret the meaning of the intercept and the three slope coefficients (2*4=8 points). Interpret the model fit (3 points).