A sample of 33 companies was randomly selected and a multipl

A sample of 33 companies was randomly selected and a multiple regression model was performed using average annual bonus and trust index (scale of 0-100) to explain turnover rate. According to the output below, what is the F statistic to determine the overall significance of the estimate? Analysis of Variance 1.497 131.36 2.24 58.64

Solution

F Cal = MS Between / Ms Within = 131.36/2.24 = 58.6428 ~ 58.64

 A sample of 33 companies was randomly selected and a multiple regression model was performed using average annual bonus and trust index (scale of 0-100) to exp

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