Answer to Question #171754 in Statistics and Probability for subh

Question

Jennifer has purchased software especially for the marketing department. The department needed some guidance to qualifications needed by an employee for working on that software. Is age a factor? Is experience of an employee is important? In order to explore further the factors needed for an employee, four factors were listed: X1- Experience X2- Test Score X3- Previous Job Rating X4- Age Y- Performance on the new software Forty employees were selected at random. The data were collected related to the factors mentioned above and their performances on the new software. The equation is on the basis of the data is as follows Y = 10.5 + 0.5X1 + .276 X2 + 0.121X3+ .002 X4 Interpret the number 10.5. Mohit has been hired for a job. He has an experience of 5 years and scored 300 in the test. His previous job rating is 350 and he is 32 years old. Estimate Mohit’s performance on the new software. As age increases by two years, how much does estimated performance on the new software increases.

Answer 1

Dear subh, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order