Question
The problem facing a manager is to assess the impact of factors on full-time (FT) job growth. Specifically, the manager is interested in the impact
The problem facing a manager is to assess the impact of factors on full-time (FT) job growth. Specifically, the manager is interested in the impact of total worldwide revenues and full-time voluntary turnover on the number of full-time jobs added in a year. Data were collected from a sample of 20 "best companies to work for." The data includes the total number of full-time jobs added in the past year, total worldwide revenue (in $millions), and the full-time voluntary turnover (%). Use the accompanying data to complete parts (a) through (d) below.
Total FT Jobs Added | Total Worldwide Revenues | FT Voluntary Turnover |
-19 | 686 | 9.721 |
161 | 373.693 | 5.4 |
4040 | 21396 | 13.136 |
360 | 1543 | 8.582 |
-237 | 5955.676 | 4.285 |
36 | 551 | 12.383 |
178 | 3900 | 5.99 |
-111 | 23420 | 14.355 |
87 | 290.401 | 4.559 |
2013 | 5027.418 | 7.753 |
1465 | 53300 | 0.388 |
-973 | 7998.7 | 8.329 |
71 | 608.2 | 5.79 |
-64 | 4487 | 8.322 |
55 | 280 | 7.688 |
716 | 2331.041 | 8.335 |
2482 | 19121 | 2.792 |
314 | 3319 | 18.283 |
-129 | 31600 | 8.535 |
115 | 609.248 | 13.780 |
State the multiple regression equation.
Yi= ans +(ans)X1i +(ans)X2i
(Round the constant and X 2 iX2i -coefficientto the nearest integer as needed. Round the X 1 iX1i -coefficient to four decimal places as needed.)
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SOLUTION WE DENOTE yTOTAL FT JOBS ADDED x1 TOTAL WORLD WIDE REVENUES ...Get Instant Access to Expert-Tailored Solutions
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