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

question 18

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 Married?

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Definitions:

Stress Episode

A specific period in which an individual experiences mental, emotional, or physical strain or tension due to external or internal demands or challenges.

Stressor

An event, condition, or stimulus that causes stress or an adverse reaction in an individual.

Stress Reactions

The physical or psychological responses to perceived threats or challenges, which can affect an individual's health and well-being.

Extreme Heat

Conditions characterized by excessively high temperatures which can pose risks to health, environment, and infrastructure.