Examlex

Solved

SCENARIO 13-17
Given Below Are Results from the Regression Analysis

question 199

True/False

SCENARIO 13-17
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:  Regression Statistics  Multiple R 0.6391 R Square 0.4085 Adjusted R Square 0.3765 Standard Error 18.8929 Observations 40 ANOVA  df  SS  MS  F  Significance F Regression 29119.08974559.544812.77400.0000 Residual 3713206.8103356.9408 Total 3922325.9 Coefficients  Standard Error t Stat P-value  Intercept 0.214311.57960.01850.9853 Age 1.44480.31604.57170.0000 Manager 22.576111.34881.98930.0541\begin{array}{l}\begin{array} { l r } \hline { \text { Regression Statistics } } \\\hline \text { Multiple R } & 0.6391 \\\text { R Square } & 0.4085 \\\text { Adjusted R Square } & 0.3765 \\\text { Standard Error } & 18.8929 \\\text { Observations } & 40 \\\hline\end{array}\\\\\text { ANOVA }\\\begin{array} { l r r r r r } \hline &{ \text { df } } & { \text { SS } } & { \text { MS } } &{ \text { F } } & { \text { Significance } F } \\\hline \text { Regression } & 2 & 9119.0897 & 4559.5448 & 12.7740 & 0.0000 \\\text { Residual } & 37 & 13206.8103 & 356.9408 & \\\text { Total } & 39 & 22325.9 & & \\\hline\end{array}\\\\\begin{array} { l r r r r } \hline & \text { Coefficients } & \text { Standard Error } & { t \text { Stat } } & { P \text {-value } } \\\hline \text { Intercept } & - 0.2143 & 11.5796 & - 0.0185 & 0.9853 \\\text { Age } & 1.4448 & 0.3160 & 4.5717 & 0.0000 \\\text { Manager } & - 22.5761 & 11.3488 & - 1.9893 & 0.0541 \\\hline\end{array}\end{array}
-Referring to SCENARIO 13-17, the null hypothesis should be rejected at a 10% level of significance when testing whether there is a significant relationship between the number of weeks a worker is unemployed due to a layoff and the entire set of explanatory variables.

Learn about the impact of relationship dynamics on sexual satisfaction and dysfunction.
Understand the contributions of significant sex therapy research and developments in the field.
Recognize the value of communication and mutual responsibility in addressing sexual dysfunctions within relationships.
Understand the classification and diagnosis of sexual disorders and paraphilic disorders as defined by DSM-5.

Definitions:

Variable Manufacturing Costs

Charges that fluctuate based on the volume of production, like components used in product assembly and wages for workers on the production line.

Variable Selling Expenses

Selling costs that fluctuate with sales volume, such as commissions for sales staff.

Break-Even Sales

The amount of revenue required to cover all fixed and variable expenses, resulting in zero profit.

Variable Expenses

Expenses that vary directly with the level of production or sales, such as raw materials and direct labor costs.

Related Questions