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

question 219

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)37.65% 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)37.65% 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)37.65% 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)37.65% 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.

---

Definitions:

Miscegenation

Romantic, sexual, or marital relationships between people of different races.

Homogamy

The similarity of individuals married to each other, usually in terms of socioeconomic status, education, religion, or ethnicity.

Endogamy

The practice of marrying within a specific social group, class, or ethnic group, rejecting those from others as suitable marriage partners.

Diversity Training Programs

Educational initiatives designed to enhance awareness of diversity and foster inclusion in the workplace or other community settings.