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

question 88

True/False

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, the variable X₁ should be dropped to remove collinearity.

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Definitions:

Early Separation Phase

A period shortly after detachment or parting in processes like developmental stages, relationships, or employment, marked by adaptation and adjustment challenges.

Family Responsibilities

Obligations related to the care, support, and management of family members and the household.

Physical Well-being

A state of health that involves the physical body, including factors like fitness level, absence of disease, and overall physical condition.

Superior Family Form

A controversial and subjective concept suggesting that some family structures are more effective or beneficial than others.