SCENARIO 14-17 Given Below Are Results from the Regression Analysis Where the Where

question 243

Multiple Choice

SCENARIO 14-17
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:


-Referring to Scenario 14-17,which of the following is a correct statement?

• A)On average,those who are in a management position are estimated to stay jobless shorter by approximately 1.4448 weeks while holding constant the effects of age.
• B)On average,those who are in a management position are estimated to stay jobless longer by approximately 1.4448 weeks while holding constant the effects of age.
• C)On average,those who are in a management position are estimated to stay jobless shorter by approximately 22.5761 weeks while holding constant the effects of age.
• D)On average,those who are in a management position are estimated to stay jobless longer by approximately 22.5761 weeks while holding constant the effects of age.

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Definitions:

Quality

How well something ranks when measured against others in its category; its excellence measure.

Quantity

The amount or number of a material or immaterial thing.

Quality

Quality refers to the standard of something as measured against other things of a similar kind, or the degree of excellence of something.

Rocks Break

The physical process of rocks fracturing or cleaving under stress, leading to their breakage.