SIMPLE LINEAR REGRESSION You are a consultant who works for the Diligent Consulting Group. In this Case, you are engaged on a consulting basis by Loving Organic Foods. In order to get a better idea of what might have motivated customers’ buying habits you are asked to analyze the factors that impact organic food expenditures. You opt to do this using linear regression analysis. Case Assignment Using Excel, generate regression estimates for the following model: Annual Amount Spent on Organic Food = ? + bAge After you have reviewed the results from the estimation, write a report to your boss that interprets the results that you obtained. Please include the following in your report: The regression output you generated in Excel. Your interpretation of the coefficient of determination (r-squared). Your interpretation of the coefficient estimate for the Age variable. Your interpretation of the statistical significance of the coefficient estimate for the Age variable. The regression equation with estimates substituted into the equation. (Note: Once the estimates are substituted into the regression equation, it should take a form similar to this: y = 10 +2x) A discussion of how this equation in item 5 above can be used to estimate annual expenditures on organic food. An estimate of “Annual Amount Spent on Organic Food” for the average consumer. (Note: You will need to substitute the average age into the regression equation for x, the intercept for ?, and solve for y.) Data: Download the Excel-based data file: BUS520 Module 3 Case. Assignment Expectations Written Report Length requirements: 3–4 pages minimum (not including Cover and Reference pages). NOTE: You must submit 3–4 pages of written discussion and analysis. Provide a brief introduction to/background of the problem, similar to the introduction/background you provided in Module 1 and 2 Case submissions. Provide a brief discussion of linear regression analysis, including the value of using this estimation technique. Provide a written analysis that addresses each of requirements listed under the “Case Assignment” section.

Stereotypes at Pitney Bowes Many times, we think of stereotypes or discrimination only being an issue when it comes to things like gender, race, or religion. However, at Pitney Bowes Inc., the toughest stereotype to overcome is age. Brigitte Van Den Houte starts her day in the normal way; however, she has taken a keen focus on persuading employees in their 20s that they have a future at Pitney Bowes. For almost 100 years, Pitney Bowes, founded in 1920, has been all about commerce. But as the world turned to technology, the definition of what that meant for the traditional postage-meter equipment company had to change as well. One of the biggest challenges of this ever-changing technological world is how the generations of employees can step aside from their stereotypes and understand one another to better work effectively. At Pitney Bowes, their proactive approach puts younger colleagues with older colleagues in a mentoring situation. This is not the typical older mentor to younger mentor setup, however. Every few months, Houte arranges for the younger employees to spend the day with a seasoned executive with the plan of sharing experiences and ideas and offering advice. Houte states, “the old way of working no longer works,” and she’s right. With over one-third of the workforce aging to 50 or older and millennials (young people aged 22–37) being the largest workforce group, it is imperative to put stereotypes aside and learn to work together. One big mistake for a manager would be to focus on the age difference rather than on what skills each person individually can bring to the table. Stereotypes such as “older individuals don’t know about technology” or “millennials are constantly job hopping and feel entitled” are put aside at Pitney Bowes in order to get the job done. With a more proactive approach, the range of variables within each generation can be utilized in the most effective way possible for an organization. Questions: 1. What are other ways that a company can utilize a multigenerational team to their advantage? 2. What challenges does a multigenerational team pose for management? 3. What should the company and management team consider when attracting new employees of all generations? Organizational Behavior Chapter Three Text Organizational Behavior Chapter Four Text

Article Analysis Find an article on the Internet that discusses a negotiation situation that has occurred in a global context (e.g., international organization or corporation, international acquisition, government-to-government negotiation, etc.). Analyze the implications of globalization and technology on the negotiation