Because variations are unavoidable in a system, the output of the system is always unpredictable.
Indicate whether the statement is true or false
Question 2
Assuming that a regression has been conducted for a group of small companies where x = the number of employees at the company, y = annual revenue of the company (recorded in thousands of dollars), and the largest company included in the study had 82
employees. The resulting regression equation is y = 59.2 + 83.4x. Which of the following is true?A) For each additional employee, revenue on average will increase by 83.4
B) A company with 2100 employees could be predicted to have average revenue of about 175 million.
C) For each additional employee, revenue on average will increase by 59.2 thousand.
D) This model should not be used to make predictions for companies with more than 82 employees.
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