TABLE 15-6 Given Below Are Results from the Regression Analysis on 40

question 38

Short Answer

TABLE 15-6
Given below are results from the regression analysis on 40 observations where the dependent variable is the number of weeks a worker is unemployed due to a layoff (Y) and the independent variables are the age of the worker (X₁), the number of years of education received (X₂), the number of years at the previous job (X₃), a dummy variable for marital status (X₄: 1 = married, 0 = otherwise), a dummy variable for head of household (X₅: 1 = yes, 0 = no) and a dummy variable for management position (X₆: 1 = yes, 0 = no).
The coefficient of multiple determination (R) for the regression model using each of the 6 variables Xⱼ as the dependent variable and all other X variables as independent variables are, respectively, 0.2628, 0.1240, 0.2404, 0.3510, 0.3342 and 0.0993.
The partial results from best-subset regression are given below:

-Referring to Table 15-6, what is the value of the variance inflationary factor of Job Yr?

---

Definitions:

Standardized Tests

Exams that are administered and scored in a consistent manner across different test-takers to measure their abilities or knowledge in various subjects.

Perceptual Reasoning

The ability to use sensory information (such as visual and spatial) to identify patterns, solve problems, and understand the relationship between objects.

Wechsler Intelligence Tests

A set of standardized tests used to measure intelligence and cognitive ability in adults and children.

Intelligence Quotient

A measure of a person's intellectual abilities in relation to their age group, typically derived from standardized tests designed to assess human intelligence.