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

question 87

True/False

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,there is sufficient evidence that the number of weeks a worker is unemployed due to a layoff depends on all of the explanatory variables at a 10% level of significance.

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Definitions:

Consequence

A result or effect of an action or condition.

Détente

A period of improved relations between two countries that were previously in conflict with each other, notably used to describe the easing of tensions between the United States and the Soviet Union during the Cold War era.

Nixon

37th President of the United States, known for his policy of détente with the Soviet Union and the scandal of Watergate that led to his resignation.

Kissinger

Refers to Henry Kissinger, a significant figure in American foreign policy, known for his role as Secretary of State and National Security Advisor during the Nixon and Ford administrations, his diplomacy tactics, and his contributions to international relations.