Chapter 17 Bus Stats / 100% CORRECT Answers

A sample of 33 companies was randomly selected and data collected on the average annual bonus, turnover rate (%), and trust index (measured on a scale of 0-100). According to the output is shown below, what is the estimated multiple regression model? Dependent Variable is Turnover Rate Predictor A. Turnover Rate equals 12.1005 + 0.07149 Trust Index + 0.0007216 Average Bonus B. Turnover Rate equals 0.7826+0.01966 Trust Index +0.0001481 Average Bonus C. Turnover Rate = 0.01966 Trust Index plus 0.0001481 Average Bonus D. Turnover Rate equals 12.1005-0.07149 Trust Index - 0.0007216 Average Bonus - D. Turnover Rate equals 12.1005-0.07149 Trust Index - 0.0007216 Average Bonus A sample of 33 companies was randomly selected and data collected on the average annual bonus, turnover rate (%), and trust index (measured on a scale of 0-100). Based on the output, how much of the variability in Turnover Rate is explained by the estimated multiple regression model?