Please answer all questions fully, data included: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 20 "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. 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 sampleof 20 "best companies to work for." The data includes the total number of full-time jobs added in the past year, total worldwide revenue (in $millions), and the full-time voluntary turnover (%). Use the accompanying data to complete parts (a) through (d) below.Click the icon to view the data table.Let X, represent the Total Worldwide Revenues ($millions) and let X2 represent the FT Voluntary Turnover (%).iData of Best Companies to Work Forŷ; =D+ (O X1 + (D X2(Round the constant and X2;-coefficient to the nearest integer as needed. Round the X4;-coefficient to four decimal places as needed.)FTb. Interpret the meanings of the slopes b, and b2 in this problem. Choose the correct answer below.Total Worldwide VoluntaryTotal FTRevenuesTurnoverO A. For each increase of 1 in both Revenue and Turnover, the Jobs Added is estimated to increase by b, + b2.Jobs Added($millions)20,729.000(%)1,886- 27.451B. The slopes b, and b2 cannot be interpreted individually.731.00010.6552491,071.0006,841.49646,100.00019,121.0002,331.04111,700.00015.064C. For a given Turnover, for each increase of $1 million in Revenue, the Jobs Added is estimated to increase by b,. For a given Revenue, for each increase 1% in Turnover, the number of Jobs Added is estimated to increase by b2.1386.0072075.728D. For each increase of 1 in Jobs Added, the Revenue is estimated to increase by $b, million and the Turnover percentage is estimated to increase by b,%.2.7922,4827168.335c. Interpret the meaning of the regression coefficient, bo. Select the correct choice below.7,0829.60386696.2005.233888.00010.837A. The coefficient bo represents the total worldwide revenue and a voluntary turnover.3,691.7283,050.19527,706.7723,024.09511,220.0001,000.420746.000- 671,2641,35712.76416.188B. The coefficient bo represents the estimated number of total jobs added when there is a total worldwide revenue of $0 and a voluntary turnover of 0%.3.346752.806C. The coefficient bo represents the estimated number of total jobs added when there is a voluntary turnover of 0%.- 2245.03260827.308D. The coefficient bo represents the estimated number of total jobs added when there is a total worldwide revenue of $0.22312.064355317.58615.533d. What conclusions can you reach concerning full-time jobs added? Select the correct choice below.- 22,312.0004.401124396.19610.076A. The model uses both the revenue and the voluntary turnover to predict the number of full-time jobs added.B. The model uses the revenue to predict the number of full-time jobs added. The voluntary turnover only affects the efficiency ratio directly.PrintDoneC. The model uses the revenue or the voluntary turnover to predict the number of full-time jobs added, but not both.D. The model uses the voluntary turnover to predict the number of full-time jobs added. The revenue only affects the voluntary turnover directly.

“Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Let X, represent the Total Worldwide Revenues (Smillions) and let X2 represent the FT Voluntary Turnover (%). (Round the constant and X2-coefficient to the nearest integer as needed. Round the Xq-coefficient to four decimal places as needed.) b. Interpret the meanings of the slopes b; and by in this problem. Choose the correct answer below. O A. For each increase of 1 in both Revenue and Turnover, the Jobs Added is estimated to increase by b, + bą. O B. The slopes b, and b2 cannot be interpreted individually. OC. 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 Turnover, the numb O D. For each increase of 1 in Jobs Added, the Revenue is estimated to increase by Sb; million and the Turmover percentage is es increase by by %. stimated toin c. Interpret the meaning of the regression coefficient, bg. Select the correct choice below. O A. The coefficient bo represents the total worldwide revenue and a voluntary turnover. O B. The coefficient bọ represents the estimated number of total jobs added when there is a total worldwide revenue of $0 and a voluntary turnover of 0%. OC. The coefficient bo represents the estimated number of total jobs added when there is a voluntary turnover of 0%. O D. The coefficient bọ represents the estimated number of total jobs added when there is a total worldwide revenue of S0.

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P