A sample of 33 companies was randomly selected and data coll

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 Coef SE Coetf Predictor Constant Trust Index Average Bonus 0.7826 15.46 0.000 0.01966-3.64 0.001 -0.00072160.0001481 -4.87 0.000 12.1005 -0.07149

Solution

We write regression equation as:

model is: y-hat = 12.1005 - 0.07149x1 - 0.0007216x2

where x1 = trust index, x2 = average bonus