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

question 294

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 number of years at the previous job while controlling for the other independent variables.

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Definitions:

Stop Payment

An order given to a bank by an account holder not to pay a check or payment that has been issued but not yet processed.

Enforce

To compel observance or compliance, especially of laws, rules, or agreements.

Fewer Than

A comparative phrase used to indicate a smaller quantity or number of something when compared to another.

Frequent Usage

Refers to the regular use of a product or service by consumers.