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TABLE 13-17
Given below are results from the regression analysis where the dependent variable is the number of weeks a worker is unemployed due to a layoff (Unemploy) and the independent variables are the age of the worker (Age), the number of years of education received (Edu), the number of years at the previous job (Job Yr), a dummy variable for marital status (Married: 1 = married, 0 = otherwise), a dummy variable for head of household (Head: 1 = yes, 0 = no) and a dummy variable for management position (Manager: 1 = yes, 0 = no). We shall call this Model 1.
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 13-17 Model 1, what are the lower and upper limits of the 95% confidence interval estimate for the difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is married and one who is not after taking into consideration the effect of all the other independent variables?
Hertz
The unit of frequency in the International System of Units (SI), equal to one cycle per second.
Pulsating
Describes a phenomenon where a physical quantity (such as current or voltage) varies in magnitude in a regular or irregular rhythm.
Linear
Pertaining to something that is directly proportional or follows a straight-line relationship in mathematics or physics.
Cosine
A trigonometric function that represents the ratio of the length of the adjacent side to the hypotenuse of a right-angled triangle.
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