Correlation: Your manager feels employee pay has a strong correlation with employee retention. Answer the questions below using table7. Table 7 Regression Statistics Multiple R R Square Adjusted R...

Extracted text: Correlation: Your manager feels employee pay has a strong correlation with employee retention. Answer the questions below using table7. Table 7 Regression Statistics Multiple R R Square Adjusted R Square 0.7029 0.4941 0.3254 Standard Error 9.5848 Observations 25 Standard Coefficients Error t Stat P-value Intercept 49.4549 29.7218 4.422514 0.194715 Pay 0.5137 0.3001 51.64959 0.001854


Extracted text: A that 49.4549 is the determination of the intercept v What is the equation using table 77 v Explain the coefficient of determinationin table 7 v Using table 7, the coefficient of correlation tells us v Ifx is 37, what would the equation show for y (using table 7) B. 0.4941 of the change in the y variable is explained by thex variable cy 0.7029 + 49.4549(correlation) D. 68.46 E. the correlation is negative Fy=49.4549 + 0.5137(retention) G. the correlation is moderate and positive HIfx is 37, then y is the slope multiplied by the coefficient ofx Not enough data to calculate the answer the correlation is strong and positive K. 1830.35 Ly 49.4549 0.5137(pay) M.y 0.5137 + 49.4549 (intercept) N. 0.7029 of the change is explained by the x variable