EBK BUSINESS STATISTICS
8th Edition
ISBN: 9780135179833
Author: STEPHAN
Publisher: VST
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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 Smillions), and the full-time voluntary turnover (%). Use the accompanying data to complete parts (a) through (d)
below.
E Click the icon to view the data table.
a. State the multiple regression equation.
Let X, represent the Total Worldwide Revenues (Smillions) and let X, represent the FT Voluntary Tumover (%).
(Round the constant and Xg-coeficient to the nearest integer as needed. Round the X-coeficient to four decimal places as needed.)
b. Interpret the meanings of the slopes b, and bz in this problem. Choose the correct answer below.
OA. The slopes b, and bz…
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 Smillions), and the full-time voluntary turnover (%). Use the accompanying data to complete parts (a) through (d) below.
E Click the icon to view the data table.
a. State the multiple regression equation.
Let X, represent the Total Worldwide Revenues (Smillions) and let X, represent the FT Voluntary Turnover (%).
(Round the constant and X,-coefficient to the nearest integer as needed. Round the X,;-coefficient to four decimal places as needed.)
b. Interpret the meanings of the slopes b, and b, in this problem. Choose the correct answer below.
- X
Data of Best…
Profitability remains a challenge for banks and thrifts with less than $2 billion of assets. The business problem facing a bank analyst relates to the factors that affect return on assets (ROA), an indicator of how profitable a company is relative to its total assets. Data collected from a sample of
88
community banks include the ROA (%), the efficiency ratio (%), as a measure of bank productivity (the lower the efficiency ratio, the better), and total risk-based capital (%), as a measure of capital adequacy. Use the accompanying multiple linear regression results to complete parts (a) and (b) below.
Variable
Coefficient
Standard Error
t Statistic
p-value
Intercept
−0.21762
0.39401
−0.55
0.5822
Efficiency Ratio, X1
0.01443
0.00498
2.90
0.0048
Risk-Based Capital, X2
0.04002
0.01034
3.87
0.0002
a. Construct a 95% confidence interval estimate of the population slope between ROA and efficiency…
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