SCENARIO 15-6 Given Below Are Results from the Regression Analysis on 40

question 49

Short Answer

SCENARIO 15-6
Given below are results from the regression analysis on 40 observations where the dependent variable is the number of weeks a worker is unemployed due to a layoff (Y)and the independent variables are the age of the worker (X₁),the number of years of education received (X₂),the number of years at the previous job (X₃),a dummy variable for marital status (X₄: 1 = married,0 = otherwise),a dummy variable for head of household (X₅: 1 = yes,0 = no)and a dummy variable for management position (X₆: 1 = yes,0 = no).
The coefficient of multiple determination ( R ²_j )for the regression model using each of the 6 variables X _j as the dependent variable and all other X variables as independent variables are,respectively,
0.2628,0.1240,0.2404,0.3510,0.3342 and 0.0993.
The partial results from best-subset regression are given below:

-Referring to Scenario 15-6,what is the value of the variance inflationary factor of Manager?

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Definitions:

Node of Ranvier

Gaps in the myelin sheath of nerve fibers where the axonal membrane is exposed to the extracellular space, facilitating rapid signal transmission.

Action Potential

A rapid rise and subsequent fall in membrane potential across a cellular membrane, crucial for the propagation of electrical signals in nerve and muscle cells.

Local Potentials

Electrical changes in neurons that are confined to a small region, serving as the initial response to stimuli, potentially leading to action potentials.

Membrane Potential

The voltage difference across a cell's plasma membrane due to the differential distribution of ions.