A business analyst gathered 155 observations on four variables: job satisfaction, occupation, industry, and marital status. She
Question:
A business analyst gathered 155 observations on four variables: job satisfaction, occupation, industry, and marital status. She wants to develop a multiple regression model to predict job satisfaction by the other three variables. All three predictor variables are qualitative variables with the following categories.
1. Occupation: accounting, management, marketing, finance
2. Industry: manufacturing, health care, transportation
3. Marital status: married, single How many variables will be in the regression model? Delineate the number of predictors needed in each category and discuss the total number of predictors.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
Question Posted: