Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Equipment
selection
1
0.83
Equipment
Maintenance
0.83
1
Repairing
0.92
0.92
0.84
0.92
Solution management: The three skills included in the composite skill are
complex problem solving, critical thinking and judgement and decision making.
These skill sets where chosen because people possessing such a skill set allows
us to identify and dismantle complex problems and to select the best outcome
among the alternatives.
Correlation matrix of the skills:
solution
management
Complex
problem solving
Critical thinking
Complex problem
solving
Critical thinking
Judgement and
decision making
0.89
Judgement
and decision
making
0.88
0.89
0.88
1
0.88
0.88
1
The Regression Summary Output shows that the model has a R-square
value is 0.2823 i.e. the model explains for 28% change in the independent
variable.
The F-test on the regression shows that the null hypothesis of all the
coefficients of the explanatory variables being zero has to be rejected as
the F-stat value is greater than 4.0 and Significance-F value is less than 0.05
i.e. their values are greater than the threshold.
The T-test on the coefficients to reject or accept the null hypothesis
of each of the coefficients being zero based on threshold levels of the
corresponding t-stat and p-value of each of the coefficients.
Bachelors the absolute value of t-stat is greater than 2.0 and p-value is
less than 0.05, hence the coefficient of bachelors is statistically significant
and its expected sign is negative. Bachelors coefficient is -0.0028.
Masters the absolute value of t-stat is greater than 2.0 and p-value is
less than 0.05, hence the coefficient of masters is statistically significant and
its expected sign is negative. Masters coefficient is -0.0027.
Public Relations the absolute value of t-stat is less than 2.0 and p-value
is less than 0.05, hence the coefficient of resource management is statistically
significant. Public relations coefficient is 0.0017.
Solution Management the absolute value of t-stat is greater than 2.0
and p-value is less than 0.05, hence the coefficient of product analysis is
statistically significant and its expected sign is negative. Solution
management coefficient is -0.0026 .
Industrial Process the absolute value of t-stat is lesser than 2.0 and pvalue is greater than 0.05, hence the coefficient of creative thinking is
statistically insignificant and its expected sign is negative. Industrial process
coefficient is -0.0003.