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

question 294

Multiple Choice

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, which of the following is a correct statement?

• A)On average, a worker who is a year older is estimated to stay jobless shorter by approximately 0.2143 weeks while holding constant the effects of the manager Dummy variable.
• B)On average, a worker who is a year older is estimated to stay jobless longer by approximately 0.2143 weeks while holding constant the effects of the manager Dummy variable.
• C)On average, a worker who is a year older is estimated to stay jobless shorter by approximately 1.4448 weeks while holding constant the effects of the manager Dummy variable.
• D)On average, a worker who is a year older is estimated to stay jobless longer by approximately 1.4448 weeks while holding constant the effects of the manager Dummy variable.

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Definitions:

Blindness

The condition of lacking visual perception due to physiological or neurological factors.

Glaucoma

A group of eye conditions that damage the optic nerve, often associated with increased intraocular pressure, leading to loss of vision if untreated.

Receptor Cells

Specialized cells that respond to specific types of stimuli, such as light, sound, or chemical substances.

Neural Responses

The reactions of nerve cells or neurons to external stimuli, including how they process and transmit information.