QUESTION 4
Results of multiple linear regression are provided below:
Table 2: Multiple Linear Regression: Summary Output
Coefficients
Intercept
-0.43
Employee Absences
-3.23
Length of Service
0.25
Monthly Salary
7.45
Q4. Use this information to develop and interpret a regression equation.
Expert Answer
Here, Employee absences is the Y variable, which means that it depends on the other variables.
Length of service is one of the independent factors, on which the employee absences depend. The other factor is monthly salary.
Since the employee absences has a negative coeffient of -3.23, it means that it reduces as the monthly salary and length of service increases.
monthly salary has a greater effect on employee absences, since
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