Zhiying Liao (301244582)
Assignment 4
In meeting with PLE’s human resources director, Elizabeth discovered a concern about high rate of
turnover in its field service staff. Senior managers have suggested that the department look closer at its
recruiting policies, particularly to try to identify the characteristics of individuals that lead to greater
retention. However, in a recent staff meeting, HR managers could not agree on these characteristics.
Some argued that years of education and grade points averages were good predictors. Others argued
that hiring more mature applicants would lead to greater retention. To study these factors, the staff
agreed to conduct a statistical study to determine the effect that years of education, college grade point
average and age when hired have on retention. A sample of 40 field service engineers hired 10 years ago
was selected to determine the influence of these variables on how long each individual stated with the
company. Data are compiled in the Employee Retention workbook.
Using Excel use techniques of regression analysis to assist her in evaluating the data and reach useful
conclusions.
Due Date: August 1st, 2022 4:30pm
Deliverable: provide a detailed excel report for your regression analysis (using all
appropriate/relevant techniques learned in class) and provide a summary/conclusion for each statistics
results.
Zhiying Liao (301244582)
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.38756
R Square 0.150203
Adjusted R
Square 0.079386
Standard Error 2.725527
Observations 40
ANOVA
Significanc
df SS MS F eF
15.7559 2.12101
Regression 3 47.26784 5 4 0.114635
7.42849
Residual 36 267.4259 7
Total 39 314.6938
Coefficient Standard Upper Lower Upper
s Error t Stat P-value Lower 95% 95% 95.0% 95.0%
Intercept -2.73711 4.504149 -0.60769 0.54721 -11.8719 6.39773 -11.8719 6.39773
0.85131 0.65325
YrsEducation -0.06705 0.355165 -0.1888 2 -0.78736 3 -0.78736 0.653253
0.57452 0.56918 3.08033
College GPA 0.679981 1.183551 6 5 -1.72037 5 -1.72037 3.080335
2.15882 0.03760 0.56541
Age 0.291536 0.135044 2 6 0.017654 8 0.017654 0.565418
YearsPLE = -2.73711-0.06705 YrsEducation+0.679981 College GPA+0.291536Age
YrsEducation:
H 0 ; β 1=0 H a ; β 1 ≠ 0
p-value =0.851312> α =0.05 Fail to reject H 0 . There is not enough evidence to indicate that years is
related to Years of additional education.
The coefficient of Years Education is -0.067, every additional year of education will decrease the length of
employment for an employee stays with company by 0.067 years.
College GPA:
H 0 ; β 2=0 H a ; β2 ≠ 0
p-value =0. .569185> α =0.05 Fail to reject H 0 . There is not enough evidence to indicate that college
GPA is related to Years in the company.
The coefficient of college gpa is 0.68, every additional gpa will increase the length of employment for an
employee stays with company by 0.68 years.
Age:
Zhiying Liao (301244582)
H 0 ; β 3=0 H a ; β3 ≠ 0
p-value =0.037606< α =0.05 reject H 0 . There is enough evidence to indicate that Age is related to
Years in the company.
The coefficient of age is 0.291536, every additional year in age will increase the length of employment for
an employee stays with company by 0.29 years.
Final model :
YearsPLE = -2.73711 +0.291536Age
Conclusion: from the regression analysis, we know that only age has the significant effort to the years in
employments in the company
