TABLE 17-10 Given Below Are Results from the Regression Analysis Where the Where

question 39

Multiple Choice

TABLE 17-10
Given below are results from the regression analysis where the dependent variable is the number of weeks a worker is unemployed due to a layoff (Unemploy) and the independent variables are the age of the worker (Age) ,the number of years of education received (Edu) ,the number of years at the previous job (Job Yr) ,a dummy variable for marital status (Married: 1 = married,0 = otherwise) ,a dummy variable for head of household (Head: 1 = yes,0 = no) and a dummy variable for management position (Manager: 1 = yes,0 = no) .We shall call this Model 1.The coefficient of partial determination ( ) of each of the 6 predictors are,respectively,0.2807,0.0386,0.0317,0.0141,0.0958,and 0.1201. Model 2 is the regression analysis where the dependent variable is Unemploy and the independent variables are Age and Manager.The results of the regression analysis are given below:
-Referring to Table 17-10,Model 1,which of the following is a correct statement?

• A)On average,those who are in a management position are estimated to stay jobless shorter by approximately 1.35 weeks while holding constant the effects of all the remaining independent variables.
• B)On average,those who are in a management position are estimated to stay jobless shorter by approximately 5.22 weeks while holding constant the effects of all the remaining independent variables.
• C)On average,those who are in a management position are estimated to stay jobless shorter by approximately 14.30 weeks while holding constant the effects of all the remaining independent variables.
• D)On average,those who are in a management position are estimated to stay jobless shorter by approximately 24.82 weeks while holding constant the effects of all the remaining independent variables.

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