TABLE 13-17 Given Below Are Results from the Regression Analysis Where the Where

question 133

True/False

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, we can conclude that, holding constant the effect of the other independent variables, the number of years of education received has no impact on the mean number of weeks a worker is unemployed due to a layoff at a 1% level of significance if all we have is the information of the 95% confidence interval estimate for β₂.

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Definitions:

Proximity

The physical closeness or distance between objects or individuals, impacting relationships and interaction.

Companionate

Referring to affection and tenderness felt in long-term, committed relationships.

Intimacy

An emotional and psychological closeness that is based on the ability to trust, share, and care, while still maintaining a sense of self.

Commitment

The state or quality of being dedicated to a cause, activity, or relationship.