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

question 51

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,________ of the variation in the number of weeks a worker is unemployed due to a layoff can be explained by the six independent variables.

---

Definitions:

Perception

The process by which individuals interpret and organize sensory information to understand their environment.

Behavior

Actions, reactions, or conduct of an individual or group in response to external or internal stimuli.

Business

The practice of making one's living by engaging in commerce, trade, and services.

Attribution Errors

Mistakes made in attributing causes for one's own and others' behaviors, often leading to inaccurate judgments or assumptions.