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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:
-True or False: Referring to Table 17-10,Model 1,the null hypothesis should be rejected at a 10% level of significance when testing whether being married or not makes a difference in the mean number of weeks a worker is unemployed due to a layoff while holding constant the effect of all the other independent variables.
Real Property
Land, and generally whatever is erected or growing upon or affixed to land, including buildings and crops.
Apartment House
A residential building containing multiple apartment units owned by an individual or company, often rented to tenants.
Leases Expire
The conclusion of a lease agreement's term, after which the tenant must either vacate the property or negotiate a renewal of the lease.
Tenants
are individuals or groups who occupy or hold a land or property rented from a landlord under a lease.
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