TABLE 14-17 Model 2 Is the Regression Analysis Where the Dependent Variable

question 155

True/False

TABLE 14-17


Model 2 is the regression analysis where the dependent variable is Unemploy and the independent variables are
Age and Manager. The results of the regression analysis are given below:

-Referring to Table 14-17 Model 1, there is sufficient evidence that being married or not makes a difference in the mean number of weeks a worker is unemployed due to a layoff while holding constant the effect of all the other independent variables at a 10% level of significance.

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Definitions:

Sole Proprietorship

A form of business in which an individual pursues business for a profit.

Small Business Ownership

The operation and responsibilities of running a small-scale business, usually characterized by limited revenue and personnel numbers.

Financing

is the process of sourcing capital or funds to finance the operations, projects, or investments of an individual, organization, or government.

Limited Liability Corporation

A hybrid business form combining the advantages of the sole proprietorship, partnership, and corporation.