question archive Thompson Photo Works purchased several new, highly sophisticated processing machines

Thompson Photo Works purchased several new, highly sophisticated processing machines

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Thompson Photo Works purchased several new, highly sophisticated processing machines. The production department needed some guidance with respect to qualifications needed by an operator. Is age a factor? Is the length of service as an operator (in years) important? In order to explore further the factors needed to estimate performance on the new processing machines, four variables were listed:

x1 = Length of time an employee was in the industry

x2 = Mechanical aptitude test score

x3 = Prior on-the-job rating

x4 = Age

Performance on the new machine is designated y.

Thirty employees were selected at random. Data were collected for each, and their performances on the new machines were recorded. A few results are:

  Performance on New Machine, Length of Time in Industry, Mechanical Aptitude Score, Prior On-the-Job Performance, Age,
Name y x1 x2 x3 x4
Mike Miraglia 114   4   301   124   38  
Sue Trythall 115   10   335   128   30  
 

The equation is:

yˆ y?^?  = 11.0 + 0.6x1 + 0.286x2 + 0.512x3 + 0.009x4

  1. What is this equation called?

multiple choice 1

  • Multiple regression equation

  • Multiple standard error of estimate

  • Coefficient of determination

  1. How many dependent and independent variables are there?

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