Yearly Income 27 22 34 28 36 39 33 42 46 Years on the Job 8 4 12 9 16 14 10 15 22 Job Satisfaction 5.6 6.3 6.8 6.7 7.0 7.7 7.0 8.0 7.8

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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APPLIED STATISTICS (MULTIPLE REGRESSION)

UPVOTE WILL BE GIVEN. PLEASE ANSWER THE PROBLEM BY USING SPSS OR EXCEL ONLY (NOT HANDWRITTEN). NO LONG EXPLANATION NEEDED. TAKE A SCREENSHOTS AND ANSWER THE QUESTION IN SENTENCES.

A recently completed study attempted to relate job satisfaction to income (in 1,000s) and seniority for a random sample of 9 municipal workers. The job satisfaction value given for each worker is his or her own assessment of such, with a score of 1 being the lowest and 10 being the highest. The following data resulted.

a. Identify the dependent/s and independent variable then estimate the multiple regression equation.

b. What is the r-squared value and what is its implication?

c. What variable/s are considered significant? What is the p-value?

Yearly Income
27
22
34
28
36
39
33
42
46
Years on the Job
8
4
12
9
16
14
10
15
22
Job Satisfaction
5.6
6.3
6.8
6.7
7.0
7.7
7.0
8.0
7.8
Transcribed Image Text:Yearly Income 27 22 34 28 36 39 33 42 46 Years on the Job 8 4 12 9 16 14 10 15 22 Job Satisfaction 5.6 6.3 6.8 6.7 7.0 7.7 7.0 8.0 7.8
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