4. Suppose a company wants to find the determinants of job satisfaction for its employees. The...

4. Suppose a company wants to find the determinants of job satisfaction for its employees. The company gathers some anonymous data from its employees and runs a regression with Job Satisfaction (on a 1 to 10 scale) as the response variable, and it gets the following results.

ANOVA

	df	SS
Regression	4	9283
Residual	14	370

(a) What are the null and alternative hypotheses (regarding the b values) for the F-test for the regression?

(b) What is the F-statistic for this regression

(c) The critical F* for the test is 5.04. Do we reject or not reject the null hypothesis in this case?

Why?

(d) What percentage of the variation in Job Satisfaction is “explained” by this regression?

Expert Solution

milcah answered 9 months ago

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