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

question 25

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 Edu?

---

Definitions:

Industrial Warehouse Shelving

Storage solutions designed for heavy duty usage in industrial or commercial warehouses to organize and hold inventory.

Distributor

An entity or person that supplies goods to stores and other businesses that sell to consumers.

Cost Per Unit

The total expenditure incurred to create or procure a single unit of a product or service.

Wheel Chair Access

Features or facilities designed to accommodate individuals who use wheelchairs, ensuring they can access and navigate environments.