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 model that includes all the six independent variables should be among the appropriate models using the Mallow's Cp statistic.
Definitions:
Discipline Employees
The act of enforcing rules and correcting misconduct or poor performance in the workplace to maintain order and efficiency.
Directive
An authoritative instruction or guideline that directs action or establishes a policy for behavior.
General Direction
A broad outline or course of action that indicates a path forward but lacks specific details.
Position of Influence
A role or status that allows an individual to have an effect on the actions, behavior, or opinions of others.
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