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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 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.
Best Possible Fit
The optimal alignment between an individual's skills and interests and the demands or requirements of a particular role or organization.
Assessment Centre Testing
A rigorous method used by employers to evaluate candidates using a variety of tests and exercises designed to simulate the conditions of a particular job.
Personality Tests
Assessments designed to measure and evaluate individuals' characteristic patterns of behavior, thought, and emotion.
Legitimate Reason
A valid or lawful basis for a decision or action.
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