A sample of 33 companies was randomly selected and data collected on the average
ID: 3318658 • Letter: A
Question
A sample of 33 companies was randomly selected and data collected on the average annual bonus, turnover rate (%), and trust index (measured on a scale of 0-100). According to the output is shown below, what is the estimated multiple regression model? Dependent Variable is Turnover Rate Coet 2.1005 0.07149 SECoet Predictor Constant Trust Index 0.7826 15.4 0.000 0.01966-3.64 0-00 -0.0007216 0.000141-487 0.000 A. Turnover Rate = 12.1005 0.07149 Trust Index + 0.0007216 Average Bonus B Turnover Rate: 0.01966 Trust Index + 0 000 1481 Average Bonus C. Turnover Rate-12.1005-007149 Trust index-0.0007216 Average Bonus D Turnover Rate 0.7826 0.01 966 Trust Index + 0.000148 1 Average BonusExplanation / Answer
The correct answer is C. please look at the respective coefficients given in the table,the coefficients are -ve and intercept is positive