A consulting group was hired by the Human Resources Department at General Mills, Inc. to survey company employees regarding their degree of satisfaction with their quality of life. A special index, called the index of satisfaction, was used to measure satisfaction. Six factors were studied, namely, age at the time of first marriage (x1), annual income (x2), number of children living (x3), value of all assets (xa), status of health in the form of an index (xs), and the average number of social activities per week-such as bowling and dancing (xG). Suppose the multiple regression equation is: ý = 16.24 + 0.017x1 + 0.0028x2 + 42x3 + 0.0012x4 + 0.19x5 + 26.8x5 a. What is the estimated index of satisfaction for a person who first married at 18, has an annual income of $26,500, has three children living, has assets of $156,000, has an index of health status of 141, and has 2.5 social activities a week on the average? (Round your answer to 3 decimal places.) Estimated index b. Which would add more to satisfaction, an additional income of $10,000 a year or two more social activities a week? (Round your answers to 1 decimal place.) An income would add only to the index, whereas social activities would add

A consulting group was hired by the Human Resources Department at General Mills, Inc. to survey company employees regarding their degree of satisfaction with their quality of life. A special index, called the index of satisfaction, was used to measure satisfaction. Six factors were studied, namely, age at the time of first marriage (x1), annual income (x2), number of children living (x3), value of all assets (xa), status of health in the form of an index (xs), and the average number of social activities per week-such as bowling and dancing (xG). Suppose the multiple regression equation is: ý = 16.24 + 0.017x1 + 0.0028x2 + 42x3 + 0.0012x4 + 0.19x5 + 26.8x5 a. What is the estimated index of satisfaction for a person who first married at 18, has an annual income of $26,500, has three children living, has assets of $156,000, has an index of health status of 141, and has 2.5 social activities a week on the average? (Round your answer to 3 decimal places.) Estimated index b. Which would add more to satisfaction, an additional income of $10,000 a year or two more social activities a week? (Round your answers to 1 decimal place.) An income would add only to the index, whereas social activities would add

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

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Question

A consulting group was hired by the Human Resources Department at General Mills, Inc. to survey company employees regarding
their degree of satisfaction with their quality of life. A special index, called the index of satisfaction, was used to measure satisfaction.
Six factors were studied, namely, age at the time of first marriage (x1), annual income (x2), number of children living (x3), value of all
assets (Xa), status of health in the form of an index (xg), and the average number of social activities per week-such as bowling and
dancing (XG). Suppose the multiple regression equation is:
ý = 16.24 + 0.017x1 + 0.0028x2 + 42x3 + 0.0012x4 + 0.19x5 + 26.8x6
a. What is the estimated index of satisfaction for a person who first married at 18, has an annual income of $26,500, has three children
living, has assets of $156.000, has an index of health status of 141, and has 2.5 social activities a week on the average? (Round your
answer to 3 decimal places.)
Estimated index
b. Which would add more to satisfaction, an additional income of $10,000 a year or two more social activities a week? (Round your
answers to 1 decimal place.)
An income would add only
to the index, whereas social activities would add

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A consulting group was hired by the Human Resources Department at General Mills, Inc. to survey company employees regarding their degree of satisfaction with their quality of life. A special index, called the index of satisfaction, was used to measure satisfaction. Six factors were studied, namely, age at the time of first marriage (x1), annual income (x2), number of children living (x3), value of all assets (x4), status of health in the form of an index (x5), and the average number of social activities per week—such as bowling and dancing (x6). Suppose the multiple regression equation is: yˆy⁢^⁢ = 16.24 + 0.017x1 + 0.0028x2 + 42x3 + 0.0012x4 + 0.19x5 + 26.8x6 What is the estimated index of satisfaction for a person who first married at 18, has an annual income of $26,500, has three children living, has assets of $156,000, has an index of health status of 141, and has 2.5 social activities a week on the average? (Round your answer to 3 decimal places.) Which would add…
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