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

question 22

True/False

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: $\begin{array}{l}\hline \ { \text { Regression Statistics } } \\\hline \text { Multiple R } & 0.6391 \\\text { R Square } & 0.4085 \\\text { Adjusted R Square } & 0.3765 \\\text { Standard Error } & 18.8929 \\\text { Observations } & 40 \\\hline\end{array}$

$\text { ANOVA }$



$\begin{array} { l r r r r } \hline & \text { Coefficients } & \text { Standard Error } & { t \text { Stat } } & { \text { P-value } } \\\hline \text { Intercept } & - 0.2143 & 11.5796 & - 0.0185 & 0.9853 \\\text { Age } & 1.4448 & 0.3160 & 4.5717 & 0.0000 \\\text { Manager } & - 22.5761 & 11.3488 & - 1.9893 & 0.0541 \\\hline\end{array}$
-Referring to Scenario 14-17, the alternative hypothesis $$H _ { 1 } : \text { At least one of } \beta _ { j } \neq 0 \text { for } j = 1,2$$ implies that the number of weeks a worker is unemployed due to a layoff is affected by at least
one of the explanatory variables.

---

Definitions:

Erikson's Psychosocial Theory

outlines a series of eight stages individuals pass through from infancy to adulthood, each characterized by a different psychological crisis that contributes to personality development.

Freudian Stage

Refers to any of the phases in Sigmund Freud's theory of psychosexual development, where each stage is associated with a specific conflict that must be resolved for healthy psychological development.

Personality Development

The pattern of growth and change in an individual's personality traits and characteristics throughout life.

Unconscious

The part of the mind that contains thoughts, memories, and desires that are not accessible to conscious awareness.