Question: Correlation: Your manager feels employee pay has a strong correlation with employee retention. Answer the questions below using table7. Table 7 Regression Statistics Multiple R
Correlation: Your manager feels employee pay has a strong correlation with employee retention. Answer the questions below usingtable7.
Table 7
Regression Statistics
Multiple R
0.7029
R Square
0.4941
Adjusted R Square
0.3254
Standard Error
9.5848
Observations
25
Coefficients
Standard Error
t Stat
P-value
Intercept
49.4549
29.7218
4.422514
0.194715
Pay
0.5137
0.3001
51.64959
0.001854
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What is the equation using table 7?
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Explain the coefficient of determinationin table 7
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Using table 7, the coefficient of correlation tells us
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If x is 37,what would the equation show for y (using table 7)
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