FTTotal Worldwide VoluntaryTotal FTRevenuesTurnoverJobs Added ($millions)373(%)8,657.0009.0304946,332.44818.986942,029.8932.0006.368.00011.451609.502.0004.908355317.58615.5336081,000.42027.3081.46553.300.0000.3887,08211,700.0009.6037182,331.0418.3355232,470.7206.4711931.144.0005.35146033,000.0004.7636616,500.0001.7432,48219.121.0002.792753,024.0952.80810.310252880.8152242,870.0001.771- 644,487.0008.3225691,309.2306.996 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 andfull-time voluntary turnover on the number of full-time jobs added in a year. Data were collected from a sample of 20 "best companies to work for." The data includes the total numberof full-time jobs added in the past year, total worldwide revenue (in Smillions), and the full-time voluntary turnover (%). Use the accompanying data to complete parts (a) through (d)below.E Click the icon to view the data table.a. State the multiple regression equation.Let X, represent the Total Worldwide Revenues (Smillions) and let X, represent the FT Voluntary Tumover (%).(Round the constant and Xg-coeficient to the nearest integer as needed. Round the X-coeficient to four decimal places as needed.)b. Interpret the meanings of the slopes b, and bz in this problem. Choose the correct answer below.OA. The slopes b, and bz cannot be interpreted individually.OB. For each increase of 1 in Jobs Added, the Revenue is estimated to increase by Sb, milion and the Tumover percentage is estimated to increase by by%.OC. For each increase of 1 in both Revenue and Turnover, the Jobs Added is estimated to increase by b; +b.OD. For a given Turnover, for each increase of $1 million in Revenue, the Jobs Added is estimated to increase by by. For a given Revenue, for each increase 1% in Tumover, thenumber of Jobs Added is estimated to increase by bg.c. Interpret the meaning of the regression coeficient, bọ. Select the correct choice below.OA. The coeficient bo represents the total worldwide revenue and a voluntary turnover.OB. The coeficient bg represents the estimated number of total jobs added when there is a total worldwide revenue of $0.O. The coeficient bo represents the estimated number of total jobs added when there is a total worldwide revenue of $0 and a voluntary turnover of 0%.OD. The coeficient bg represents the estimated number of total jobs added when there is a voluntary turnover of 0%.d. What conclusions can you reach conceming fulltime jobs added? Select the correct choice below.O A. The model uses the voluntary turmover to predict the number of full-time jobs added. The revenue only affects the voluntary turnover directiy.O B. The model uses the revenue or the voluntary tumover to predict the number of full-time jobs added, but not both.OC. The model uses both the revenue and the voluntary turnover to predict the number of full-time jobs added.OD. The model uses the revenue to predict the number of full-time jobs added. The voluntary tumover only affects the efficiency ratio directly.

Name: FTTotal Worldwide VoluntaryTotal FTRevenuesTurnoverJobs Added ($milli
Uploaded: 2024-03-20T07:07:37.000Z
Channel: Bartleby
Description: FTTotal Worldwide VoluntaryTotal FTRevenuesTurnoverJobs Added ($millions)373(%)8,657.0009.0304946,332.44818.986942,029.8932.0006.368.00011.451609.502.0004.908355317.58615.5336081,000.42027.3081.46553.300.0000.3887,08211,700.0009.6037182,331.0418.335

Question

FTTotal Worldwide VoluntaryTotal FTRevenuesTurnoverJobs Added ($millions)373(%)8,657.0009.0304946,332.44818.986942,029.8932.0006.368.00011.451609.502.0004.908355317.58615.5336081,000.42027.3081.46553.300.0000.3887,08211,700.0009.6037182,331.0418.3355232,470.7206.4711931.144.0005.35146033,000.0004.7636616,500.0001.7432,48219.121.0002.792753,024.0952.80810.310252880.8152242,870.0001.771- 644,487.0008.3225691,309.2306.996 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 andfull-time voluntary turnover on the number of full-time jobs added in a year. Data were collected from a sample of 20 &#34;best companies to work for.&#34; The data includes the total numberof full-time jobs added in the past year, total worldwide revenue (in Smillions), and the full-time voluntary turnover (%). Use the accompanying data to complete parts (a) through (d)below.E Click the icon to view the data table.a. State the multiple regression equation.Let X, represent the Total Worldwide Revenues (Smillions) and let X, represent the FT Voluntary Tumover (%).(Round the constant and Xg-coeficient to the nearest integer as needed. Round the X-coeficient to four decimal places as needed.)b. Interpret the meanings of the slopes b, and bz in this problem. Choose the correct answer below.OA. The slopes b, and bz cannot be interpreted individually.OB. For each increase of 1 in Jobs Added, the Revenue is estimated to increase by Sb, milion and the Tumover percentage is estimated to increase by by%.OC. For each increase of 1 in both Revenue and Turnover, the Jobs Added is estimated to increase by b; +b.OD. For a given Turnover, for each increase of $1 million in Revenue, the Jobs Added is estimated to increase by by. For a given Revenue, for each increase 1% in Tumover, thenumber of Jobs Added is estimated to increase by bg.c. Interpret the meaning of the regression coeficient, bọ. Select the correct choice below.OA. The coeficient bo represents the total worldwide revenue and a voluntary turnover.OB. The coeficient bg represents the estimated number of total jobs added when there is a total worldwide revenue of $0.O. The coeficient bo represents the estimated number of total jobs added when there is a total worldwide revenue of $0 and a voluntary turnover of 0%.OD. The coeficient bg represents the estimated number of total jobs added when there is a voluntary turnover of 0%.d. What conclusions can you reach conceming fulltime jobs added? Select the correct choice below.O A. The model uses the voluntary turmover to predict the number of full-time jobs added. The revenue only affects the voluntary turnover directiy.O B. The model uses the revenue or the voluntary tumover to predict the number of full-time jobs added, but not both.OC. The model uses both the revenue and the voluntary turnover to predict the number of full-time jobs added.OD. The model uses the revenue to predict the number of full-time jobs added. The voluntary tumover only affects the efficiency ratio directly.

Accepted Answer

Given data,