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

question 276

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,we can conclude that,holding constant the effect of the other independent variables,there is a difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is married and one who is not at a 1% level of significance if all we have is the information of the 95% confidence interval estimate for β₄.

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Definitions:

Sleep-Waking Cycles

The biological rhythm of sleep and wakefulness, typically operating on a 24-hour cycle.

Startle Reflex

An automatic response to sudden, unexpected stimuli, such as loud noises, that is designed to protect the body from potential threats.

Fear

A disagreeable feeling resulting from the conviction that a person or entity poses a risk, may inflict harm, or constitutes a menace.

Emotional Expression

The way in which a person outwardly shows or communicates their emotions, through facial expressions, body language, or verbal communication.