SCENARIO 14-17 Given Below Are Results from the Regression Analysis Where the Where

question 51

True/False

SCENARIO 14-17
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)and a dummy variable for management position (Manager: 1 = yes,0 = no).
The results of the regression analysis are given below:


-Referring to Scenario 14-17,there is sufficient evidence that all of the explanatory variables are related to the number of weeks a worker is unemployed due to a layoff at a 10% level of significance.

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Definitions:

Cognitive Dissonance

The inconsistency between a person’s beliefs, attitudes or behaviors.

Ingratiation

A psychological technique wherein an individual attempts to become more attractive or appealing to another person or group by praising or flattery.

Politics

Activities associated with governance, decision-making processes within institutions or organizations, or the pursuit of power and influence.

Political Behaviors

Actions taken by individuals or groups within an organization to acquire, develop, and use power and other resources to obtain preferred outcomes.