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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 al assets (x), 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: ŷ = 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

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 al assets (x), 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: ŷ = 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

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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ication.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252Flearn.wallacestate.edu%252Fwebapps%252Fblackbo... pe O Maps 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 (xX2), number of children living (x3), value of al 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: ŷ = 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 < Prev 3 of 10 Next >
Transcribed Image Text:ication.com/ext/map/index.html?_con=con&external_browser%3D0&launchUrl=https%253A%252F%252Flearn.wallacestate.edu%252Fwebapps%252Fblackbo... pe O Maps 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 (xX2), number of children living (x3), value of al 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: ŷ = 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 < Prev 3 of 10 Next >
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The given regression equation is,

Statistics homework question answer, step 1, image 1

Where x1 is age at the time of marriage, x2 is annual income, x3 is number of children living, x4 is value of all assets, x5 is status of health in the form of an index and x6 is the average number of social activities per week.

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