A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies.
She proceeds to randomly select 26 large corporations and record information in millions of dollars. The Microsoft Excel
output below shows results of this multiple regression.
Question- What fraction of the variability in sales is explained by spending on capital and wages? 1) _______
The department head of the accounting department wanted to see if she could predict the GPA of students using the
number of course units (credits) and total SAT scores of each. She takes a sample of students and generates the following
Microsoft Excel output:
Question - The estimate of the unit change in the mean of Y per unit change in X1, holding X2 constant, is ________.
2) _____________
Question- The net regression coefficient of X2 is ________.
3) _____________
Given below are results from the regression analysis where the dependent variable is the number of weeks a worker is
unemployed due to a layoff (Unemploy) and the independent variables are the age of the worker (Age) and a dummy
variable for management position (Manager: 1 = yes, 0 = no).
The results of the regression analysis are given below:
Question- Which of the following is a correct statement? 4) _______
A) On average, a worker who is a year older is estimated to stay jobless shorter by approximately 1.4448 weeks while
holding constant the effects of the manager dummy variable.
B) On average, a worker who is a year older is estimated to stay jobless longer by approximately 1.4448 weeks while
holding constant the effects of the manager dummy variable.
C) On average, a worker who is a year older is estimated to stay jobless shorter by approximately 0.2143 weeks while
holding constant the effects of the manager dummy variable.
D) On average, a worker who is a year older is estimated to stay jobless longer by approximately 0.2143 weeks while
holding constant the effects of the manager dummy variable.
Questions based on Product Quality Data
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What kind of relation is there between serviceability and perceived quality?
What kind of relation is there between durability and perceived quality?
What kind of relation is there between conformance and perceived quality?
What kind of relation is there between perceived quality and satisfaction?
Which of the 7 dimensions impacts the perceived quality the most?
Which of the factors as satisfaction, repurchase intention and perceived quality influences willingness to pay?
Which of the factors as perceived quality and satisfaction influences repurchase intention of the customer?
What is your suggestion to the management of gated communities about perceived quality of householders?