Question: The problem facing a manager is to assess the impact of factors on full-time (FT) job growth. Specifically, the manager is interest in the impact
The problem facing a manager is to assess the impact of factors on full-time (FT) job growth. Specifically, the manager is interest in the impact of total worldwide revenues and full-time voluntary turnover on the number of full-time jobs added in a year. Data were collected from a sample of
2020
"best companies to work for." The data includes the total number of full-time jobs added in the past year, total worldwide revenue (in $millions), and the full-time voluntary turnover (%). Use the accompanying data to complete parts (a) through (d) below.
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Part 1
a. State the multiple regression equation.
Let
Upper X 1X1
represent the Total Worldwide Revenues ($millions) and let
Upper X 2X2
represent the FT Voluntary Turnover (%).
ModifyingAbove Upper Y with caret Subscript iYiequals=enter your response hereplus+left parenthesis nothing right parenthesisenter your response hereUpper X Subscript 1 iX1iplus+left parenthesis nothing right parenthesisenter your response hereUpper X Subscript 2 iX2i
(Round the constant and
Upper X Subscript 2 iX2i-coefficient
to the nearest integer as needed. Round the
Upper X Subscript 1 iX1i-coefficient
to four decimal places as needed.)
Total FT Jobs AddedTotal Worldwide Revenues ($millions)FT Voluntary Turnover (%)3753751 comma 468.4161,468.4163.2063.206negative 53532 comma 238.9272,238.9276.4926.49211011011 comma 682.63611,682.6364.6774.6771 comma 0851,08515 comma 000.00015,000.0003.2873.28760609 comma 502.0009,502.0004.9084.908006 comma 368.0006,368.00011.45111.4511 comma 2641,26412 comma 316.37912,316.37920.03820.038negative 1 comma 0031,0033 comma 949.0003,949.00016.12316.1231781783 comma 900.0003,900.0005.9905.99059591 comma 498.1241,498.1242.7842.78446046033 comma 000.00033,000.0004.7634.7632 comma 4022,40224 comma 400.00024,400.00011.67311.673negative 7272871.800871.80015.67715.677negative 10610610 comma 900.00010,900.0003.8563.85620720746 comma 100.00046,100.0005.7285.7282 comma 0352,03574 comma 000.00074,000.0008.2818.2812 comma 4822,48219 comma 121.00019,121.0002.7922.792329329236.698236.6987.8937.8933143143 comma 319.0003,319.00018.28318.2834 comma 0404,04021 comma 396.00021,396.00013.13613.136
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