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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, ________ of the variation in the number of weeks a worker is unemployed due to a layoff can be explained by whether the worker is head of household while controlling for the other independent variables.
Fourfold Test
A test for employment based upon ownership of tools, control, chance of profit, and risk of loss.
Risk of Profit
The possibility of encountering losses or gains in financial investments due to market fluctuations.
Control
The power or authority to manage, direct, or govern individuals, organizations, or systems.
Indefinite Hiring
An employment arrangement without a predetermined end date, typically at will and subject to termination by either party with notice.
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Q329: Referring to Table 14-17 Model 1, which