A consulting group surveyed general mills inc employees to

Assignment Help Physics

Reference no: EM13585293

A consulting group surveyed General Mills, Inc. employees to research the factors that affect their satisfaction with their quality of life. A special index, called the index of satisfaction, was used to measure satisfaction. Six factors were studied: age at the time of first marriage (X₁), annual income (X₂), number of children living (X₃), value of all assets (X₄), status of health in the form of an index (X₅), and the average number of social activities per weekâ€"such as bowling and dancing (X₆). Suppose the multiple regression equation is:

= 16.24 + 0.017X₁ + 0.0028X₂ + 42X₃ + 0.0012X₄ + 0.19X₅ + 26.8X₆

(a)

What is the estimated index of satisfaction for a person who first married at 18, has an annual income of $26,500, has three children living, has assets of $156,000, has an index of health status of 141, and has 2.5 social activities a week on the average? (Round your answer to 3 decimal places.)

Estimated index

(b)

Which values would add more to satisfaction, an additional income of $10,000 a year or two more social activities a week? (Round your answers to 1 decimal place.)

Income added only to the index. Social activities added .

Reference no: EM13585293

Questions Cloud

A pollster conducts a survey to determine the proportion : a pollster conducts a survey to determine the proportion of voters who favor his candidate. out of 1447 people surveyed

What is the difference between an agglutination test and a : 1. what is bacteriuria? when is it significant?2. how do microorganisms enter the urinary tract?3. why is aseptic urine

The weekly amount spent for maintenance and repairs in a : the weekly amount spent for maintenance and repairs in a certain company has an approximately normal distribution with

Prepare the entries for the norton investment assuming that : brooks corp. is a medium-sized corporation specializing in quarrying stone for building construction. the company has

A consulting group surveyed general mills inc employees to : a consulting group surveyed general mills inc. employees to research the factors that affect their satisfaction with

The questions that follow are based on rule 101 of the : the questions that follow are based on rule 101 of the aicpa code of the professional conduct as it relates to

The lengths of pregnancies are normally distributed with a : the lengths of pregnancies are normally distributed with a mean of 268 days and a standard deviation of 15 days. random

What specific biotechnology application did you choose : biotechnology allows us to use living organisms or their processes for human needs or purposes. research how cloning

Random samples of 100 women are randomly selected and the : the lengths of pregnancies are normally distributed with a mean of 268 days and a standard deviation of 15 days. random

User Account

All Pages