Supply chain management performance. The leadership characteristics of supply chain managers were investigated in the Journal of
Question:
Supply chain management performance. The leadership characteristics of supply chain managers were investigated in the Journal of the International Academy for Case Studies (Vol. 26, 2020). Each in a sample of 82 supply chain managers completed a questionnaire on management leadership style. The dependent variable in the study was supply chain management performance (y), an aggregate of several performance metrics. Five independent variables were considered as possible predictors of performance: idealized influence behavior (x1), idealized influence attributed (x2), individualized consideration (x3), inspirational motivation (x4), and intellectual stimulation (x5). A stepwise regression was run with all 5 independent variables.
a. In step 1 of the stepwise regression, how many different one-variable models are fit to the data?
b. In step 1, the variable individualized consideration (x3) is selected as the best one-variable predictor. How is this determined?
c. In step 2 of the stepwise regression, how many different two-variable models (where x3 is one of the variables) are fit to the data?
d. Ultimately, the only variable selected for entry into the stepwise regression model is x3. The stepwise regression yielded the following results: R2 = .178, bn 3 = .282, t = 4.19 (p@value 6 .01) The researchers concluded that “supply chain leaders with higher levels of individual consideration toward members of supply chains typically obtain better chain performance than leaders who do not exhibit higher levels of individual consideration.” Do you agree with this interpretation?
e. The researchers also stated that, based on the value of R2 , “leaders who demonstrated individual consideration traits obtain 18% better supply chain management results than leaders who do not demonstrate individual consideration.” Do you agree with this interpretation? Applying the Concepts—Intermediate
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Statistics For Business And Economics
ISBN: 9781292413396
14th Global Edition
Authors: James McClave, P. Benson, Terry Sincich