Answered: The hiring managers want to compare…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

The hiring managers want to compare three different employment sources: Newspaper/Magazine, CareerBuilder, and Monster.com. Perform simple regressions as you did above predicting allocations for month 13 for those three employment sources. Which of the following statements would be the best conclusion from your analysis?

Group of answer choices

The model R-square for Monster.com is the highest R-square value of the three platforms. Therefore, management will likely provide the most funding for that platform, and we should focus on that above the other two.

The models for Monster.com and Newspaper/Magazine are both significant, which means we should focus on these two platforms over CareerBuilder because management will likely provide us the most funding for those two platforms.

The predicted monthly amount for CareerBuilder is lower than the predicted amount for Newspaper/Magazine. Therefore, they should expect the lowest amount of funding for CareerBuilder out of all of the three, and should concentrate on their efforts on the other two employment resources.

The monthly amounts for Monster.com have a negative slope, compared to the other two, which have a positive slope. Therefore, they should expect lower funding for Monster.com than in the past, and should concentrate their efforts on the other two employment resources.

All of the above are correct.

None of the above are correct.

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