Finding regression equation

Reference no: EM1315383

The U.S. Postal Service is attempting to reduce the number of complaints made by the public against its workers. In order to facilitate this task, a staff analyst for the service regresses the number of complaints lodged against an employee last year on the hourly wage of the employee for the year. The regression equation finds:

Y = 20.2 - 1.2X with a r² of .73

A. What is the IV? What is the DV?

B. If wages were increased by $1.00, what is the expected effect on the number of complaints received per employee? How can you tell?

Reference no: EM1315383

Questions Cloud

Aggregate demand component investment : Me Lisa purchases shares in government bond mutual fund .is this included in the aggregate demand component investment.

Advantages of using correlation coefficient : What advantage does correlation have over a cross-tab?

Determination software issues : At.05 significance level is it reasonable to conclude that it takes longer to determination software issues? Determine the p-value?

Publisher also the analyst making about price elasticity : Illustrate what implicit assumptions is the publisher also the analyst making about price elasticity.

Finding regression equation : If wages were increased by $1.00, what is the expected effect on the number of complaints received per employee? How can you tell?

Computation of various financial ratios : Computation of various financial ratios from the given information and obtained from the accounting records of Hamberg Company at the end of its fiscal year

Lan based attacks : Discuss or describe one or more LAN based attacks (also known as layer 2 attacks or lower layer attacks) or share any additional thoughts you may have on the LAN based attacks.

Calculation and graphical representation of tfc : Explain how the locations of each of the four curves graphed in question 7b would be altered if (1) total fixed cost had been $100 rather than $60, and (2) total variable cost had been $10 less at each level of output.

One important difference between an entrepreneurs manager : One important difference between an entrepreneurs also a manager is which the former gets into a market before demand increases, while the later gets into the market after the shift.

User Account

All Pages