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

question 39

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 Edu?

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Definitions:

Involuntary Body Activities

Physical functions that occur without conscious control, such as breathing, heartbeat, and digestion.

Continuous Readings

Measurements or data collection that is carried out without interruption over a specified period of time.

Cognitive-Behavioral Model

A theoretical perspective that emphasizes both behavior and the process and content of thinking as causes of psychological problems.

Psychodynamic

A psychological perspective that emphasizes the systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experiences.