All the Independent Variables in a Multiple Regression Analysis

question 6

Multiple Choice

All the independent variables in a multiple regression analysis

• A) must be quantitative.
• B) must be either quantitative or qualitative but not a mix of both.
• C) must assume only positive values.
• D) can be either quantitative or qualitative or both.

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Definitions:

Discouraged Workers

Individuals who are not actively seeking employment due to a belief that no jobs are available for them or there are no suitable jobs.

Labor-Force Participation Rates

The percentage of the working-age population that is actively engaged in the labor market, either employed or actively seeking employment.

U-1 Measure

A specific metric used to evaluate the unemployment rate, focusing on people who have been unemployed for 15 weeks or longer.

U-6 Measure

An unemployment rate that includes not only those who are unemployed and seeking employment but also those who are underemployed and the marginally attached to the labor force.