SCENARIO 14-17 Given Below Are Results from the Regression Analysis

question 88

True/False

SCENARIO 14-17 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)and a dummy variable for management position (Manager: 1 = yes, 0 = no). The results of the regression analysis are given below:
-Referring to Scenario 14-17, we can conclude definitively that, holding constant the effect of the other independent variable, age has an impact on the mean number of weeks a worker is unemployed due to a layoff at a 10% level of significance if all we have is the information of the 95% confidence interval estimate for the effect of a one year increase in age on the mean number of weeks a worker is unemployed due to a layoff.

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Definitions:

Unstructured Interview

An interviewing technique where the questions are not prearranged, allowing for a more spontaneous and flexible conversation.

Poor Validity

Refers to a lack of accuracy in measuring what a test or research study is designed to measure, questioning the results' trustworthiness.

Poor Reliability

Referring to the lack of consistency or dependability in the results of a test, measurement, or research finding.

Experimental Group

In an experiment, the group exposed to a variable that is manipulated, the independent variable.