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

question 100

Short Answer

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,what is the p-value of the test statistic when testing whether age has any effect on the number of weeks a worker is unemployed due to a layoff while holding constant the effect of all the other independent variables?

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Definitions:

Weight Gain

The increase in body weight over a period of time, which may result from increased muscle mass, fat deposits, or fluid retention.

Metabolic Rate

The speed at which the body converts food and oxygen into energy, critical in determining weight loss or gain.

Junk Food

Food items with little nutritional value, high in calories, sugars, fats, and salts, often processed or fast food.

Inactivity

Lack of physical movement or exercise, often associated with increased health risks.