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

question 46

Multiple Choice

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: $$\begin{array}{l}\begin{array} { l r } \hline { \text { Regression Statistics } } \\\hline \text { Multiple R } & 0.6391 \\\text { R Square } & 0.4085 \\\text { Adjusted R Square } & 0.3765 \\\text { Standard Error } & 18.8929 \\\text { Observations } & 40 \\\hline\end{array}\\\\\text { ANOVA }\\\begin{array} { l r r r r r } \hline &{ \text { df } } & { \text { SS } } & { \text { MS } } &{ \text { F } } & { \text { Significance } F } \\\hline \text { Regression } & 2 & 9119.0897 & 4559.5448 & 12.7740 & 0.0000 \\\text { Residual } & 37 & 13206.8103 & 356.9408 & \\\text { Total } & 39 & 22325.9 & & \\\hline\end{array}\\\\\begin{array} { l r r r r } \hline & \text { Coefficients } & \text { Standard Error } & { t \text { Stat } } & { P \text {-value } } \\\hline \text { Intercept } & - 0.2143 & 11.5796 & - 0.0185 & 0.9853 \\\text { Age } & 1.4448 & 0.3160 & 4.5717 & 0.0000 \\\text { Manager } & - 22.5761 & 11.3488 & - 1.9893 & 0.0541 \\\hline\end{array}\end{array}$$
-Referring to SCENARIO 13-17, which of the following is a correct statement?

• A)40.85% of the total variation in the number of weeks a worker is unemployed due to a layoff can be explained by the age of the worker and whether the worker is a manager.
• B)40.85% of the total variation in the number of weeks a worker is unemployed due to a layoff can be explained by the age of the worker and whether the worker is a manager after adjusting for the number of predictors and sample size.
• C)40.85% of the total variation in the number of weeks a worker is unemployed due to a layoff can be explained by the age of the worker and whether the worker is a manager after adjusting for the level of significance
• D)40.85% of the total variation in the number of weeks a worker is unemployed due to a layoff can be explained by the age of the worker and whether the worker is a manager holding constant the effect of all the independent variables.

Identify investment considerations for maximizing liquidity.

Understand the typology and objectives of institutional investors.

Understand the role and impact of Corporate Social Responsibility (CSR) in the entertainment industry.

Analyze the efficiency and risks associated with corporations purchasing naming rights to sports venues.

---

Definitions:

Calcaneus

The large bone forming the heel of the foot, also known as the heel bone.

Achilles Tendon

The tendon connecting the calf muscles to the heel bone, crucial for walking, running, and jumping.

Gastrocnemius

A major calf muscle that is involved in walking, running, and jumping, contributing to the movement of the ankle and knee.

Extensor Digitorum Longus

A muscle in the leg that helps to extend the toes and dorsiflex the foot, playing a key role in walking.