Problem 5 A business researcher is investigating the relationship between certain personality characteristics of small business owners and the businesses' growth potential over the next five vears The researcher randomly selects 15 small business owners, administers the “Speed and Impatience" (X.) and “Job Involvement" (X,) subscales of the Jenkins Activity Survey, and then determines the "Growth Potential (Y) for the businesses. The resulting data are as follows, Speed and Impatience Job Involvement|Growth Potential X, X, Y 4 4 6 2 3 7 7 6 10 4 8 10 8 8 7 3 4 2 5 4 4 4 3 5 4 4 4 5 4 3 6 5 o find the regression equation 3) Use the regression equation to predict the growth potential for the businesses in which the scales are 8 for Speed and Impatience and 9 for Job Involvement according to the Jenkins Activity Survey. 4) Find the coefficient of determination.

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Problem 5
A business researcher is investigating the relationship between certain personality characteristice
of small business owners and the businesses' growth potential over the next five years. The
researcher randomly selects 15 small business owners, administers the “Speed and Impatience
(X,) and “Job Involvement" (X,) subscales of the Jenkins Activity Survey, and then determines
the "Growth Potential (Y) for the businesses. The resulting data are as follows.
Speed and Impatience Job Involvement Growth Potential
X,
X,
Y
4
3
6
7
5
7
4
7
10
9
8
10
7
8
8
3
7
4
4
3
3
4
4
5
4
5
8
4
4
6
5
4
5
|3
find the regression equation
3) Use the regression equation to predict the growth potential for the businesses in which
the
scales are 8 for Speed and Impatience and 9 for Job Involvement according to the Jenkins
Activity Survey.
4) Find the coefficient of determination.
5) Interpret the coefficient of determination
2.
Transcribed Image Text:Problem 5 A business researcher is investigating the relationship between certain personality characteristice of small business owners and the businesses' growth potential over the next five years. The researcher randomly selects 15 small business owners, administers the “Speed and Impatience (X,) and “Job Involvement" (X,) subscales of the Jenkins Activity Survey, and then determines the "Growth Potential (Y) for the businesses. The resulting data are as follows. Speed and Impatience Job Involvement Growth Potential X, X, Y 4 3 6 7 5 7 4 7 10 9 8 10 7 8 8 3 7 4 4 3 3 4 4 5 4 5 8 4 4 6 5 4 5 |3 find the regression equation 3) Use the regression equation to predict the growth potential for the businesses in which the scales are 8 for Speed and Impatience and 9 for Job Involvement according to the Jenkins Activity Survey. 4) Find the coefficient of determination. 5) Interpret the coefficient of determination 2.
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