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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:
-Referring to Table 17-10,Model 1,which of the following is a correct statement?
Hierarchy of Needs Model
A psychological theory proposed by Abraham Maslow that posits a five-tier model of human needs, from basic (physiological) to higher-level (self-actualization) needs.
Years of Age
A phrase denoting the specific age of an individual or object, calculated by the number of years lived since birth.
Representativeness Heuristic
A cognitive shortcut where the likelihood of an object belonging to a category is judged based on how representative it is of that category, often leading to errors in judgment.
Immature 'Surfie'
A derogatory term used to describe a young surfer perceived as immature or lacking responsibility.
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