Question 1) The CEO of Ras Al Khor incorporated has recently gathered a lot of heat due to a radical corporate restructuring and downsizing strategy. Over a period of 2 months, the firm laid off over 275 full time employees. While the HR department maintains that the severance packages are based on employee's length of service and monthly salary, several employees have complained that they have been treated unfairly.

The board of directors have appointed a legal research team to look into this matter which is responsible for determining the mechanism through which employee compensation for terminated employees was calculated and to establish if there were any instances of discrimination in the way the restructuring efforts were carried out.

Q1. What is the aim of this research?

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Q2) Company policy specifies that each employee's severance should be determined by three factors: employee absences, length of service with the company, and monthly salary.

Q2. Identify the independent and dependent variables.

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Q5) Alia AlKetbi, one of the employees that got terminated, was awarded a severance of AED 60 thousand. She has been working with the company for 9 years, received a monthly salary of AED 12 thousand, and had a total of 3 absences in her record.

Q5. Use the regression model to determine if her severance package was fair.

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