Question

Below is the output of a regression model where Standby hours is a dependent variable with...

Below is the output of a regression model where Standby hours is a dependent variable with 0.05 alpha.

Coefficients: Estimate Std. Error t value Pr(>|t|)  

(Intercept) -364.37136 129.08862 -2.823 0.0113

Total.Staff 1.33524 0.47955 2.784 0.0122

Remote -0.11447 0.06024 -1.900 0.0235

Total.Labor 0.13480 0.07041 1.914 0.0716

Overtime 0.59979 1.21246 0.495 0.6268  

The coefficient of Remote is -0.114. Which one is the correct interpretation?

a.

If Standby hour is up by 1 hour, Remote hours is down by 0.114 hours.

b.

If Remote hour is up by 1 hour, mean Standby hours is down by 0.114 hours.

c.

If Standby hour is up by 1 hour, mean Remote hours is down by 0.114 hours.

d.

If Remote hour is up by 1 hour, mean Standby hours is up by 0.114 hours.

e.

If Remote hour is up by 1 hour, Standby hours is down by 0.114 hours.

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Answer #1

The correct interpretation is:

If Remote hour is up by 1 hour, Standby hours is down by 0.114 hours.

Option E is correct.

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