Recall that in exercise 50 the personnel director for Electronics Associates developed the following estimated regression equation

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Recall that in exercise 50 the personnel director for Electronics Associates developed the following estimated regression equation relating an employee's score on a job satisfaction test to length of service and wage rate.
= 14.41 - 8.69x1 + 13.52x2
where
x1 = wage rate (dollars)
x2 = length of service (years)
y = job satisfaction test score (higher scores indicate greater job satisfaction)
A portion of the Minitab computer output follows.
Recall that in exercise 50 the personnel director for Electronics

a. Complete the missing entries in this output.
b. Compute F and test using a = .05 to see whether a significant relationship is present.
c. Did the estimated regression equation provide a good fit to the data? Explain.
d. Use the t test and a = .05 to test H0: β1 = 0 and H0: β2 = 0.

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Related Book For  answer-question

Statistics For Business & Economics

ISBN: 9781305585317

13th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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