X Data of Best Companies to Work For Total Worldwide FT Voluntary Total FT Jobs Revenues Turnover Added (Smillions) (%) 55 280.000 7.688 252 860.815 10.310 - 128 1,931.000 7.853 360 1,543.000 8.582 36 551.000 12.383 1,654 10,960.000 15.644 75 3,024.095 2.806 1,264 3,050.195 16.188 486 12, 151.797 8.870 - 2 731.000 10.655 2,482 19, 121.000 2.792 498 6,671.684 4.260 - 2 2,312 000 4.401 492 2,600.000 5.673 - 19 686.000 9.721 415 8,843.900 4.504 1,925 31,510.000 11.221 4,040 21,396.000 13.136 -67 3,691.728 12.764 - 129 31,600.000 8.535 Print DoneThe problem facing a manager is to assess the impact of factors on full-time (FT) job growth. Specifically, the manager is interest 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 Smillions), and the full-time voluntary turnover (%). Use the accompanying data to complete parts (a) through (d) below. Click the icon to view the data table YOU WILL HAVE TO RUN SPSS TO OBTAIN THE NECESSARY DATA TO ANSWER THE QUESTIONS BELOW! a. State the multiple regression equation. Let X, represent the Total Worldwide Revenues ($millions) and let X2 represent the FT Voluntary Turnover (%). (Round the constant and X2j-coefficient to the nearest integer as needed. Round the X1;-coefficient to four decimal places as needed.) b. Interpret the meanings of the slopes b, and by in this problem. Choose the correct answer below. O A. For each increase of 1 in both Revenue and Turnover, the Jobs Added is estimated to increase by b, + b2. O B. For each increase of 1 in Jobs Added, the Revenue is estimated to increase by $b, million and the Turnover percentage is estimated to increase by b2 %. O C. For a given Turnover, for each increase of $1 million in Revenue, the Jobs Added is estimated to increase by by . For a given Revenue, for each increase 1% in Turnover, the number of Jobs Added is estimated to increase by b, O D. The slopes b, and by cannot be interpreted individually. c. Interpret the meaning of the regression coefficient, bo- Select the correct choice below. O A. The coefficient bo represents the estimated number of total jobs added when there is a voluntary turnover of 0%. O B. The coefficient bo represents the estimated number of total jobs added when there is a total worldwide revenue of $0. O C. The coefficient bo represents the total worldwide revenue and a voluntary turnover. O D. The coefficient bo represents the estimated number of total jobs added when there is a total worldwide revenue of $0 and a voluntary turnover of 0%. d. What conclusions can you reach concerning full-time jobs added? Select the correct choice below. O A. The model uses the revenue or the voluntary turnover to predict the number of full-time jobs added, but not both O B. The model uses the voluntary turnover to predict the number of full-time jobs added. The revenue only affects the voluntary turnover directly. O C. The model uses the revenue to predict the number of full-time jobs added. The voluntary turnover only affects the efficiency ratio directly. O D. The model uses both the revenue and the voluntary turnover to predict the number of full-time jobs added. Activate Windows