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

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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: 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) 40.85% of the total variation in the number of weeks a worker is unemployed due to a layoff can be explained by the age of the worker and whether the worker is a Manager. B) 40.85% of the total variation in the number of weeks a worker is unemployed due to a layoff can be explained by the age of the worker and whether the worker is a manager After adjusting for the number of predictors and sample size. C) 40.85% of the total variation in the number of weeks a worker is unemployed due to a layoff can be explained by the age of the worker and whether the worker is a manager After adjusting for the level of significance D) 40.85% of the total variation in the number of weeks a worker is unemployed due to a layoff can be explained by the age of the worker and whether the worker is a manager Holding constant the effect of all the independent variables.
-Referring to Scenario 14-17, which of the following is a correct statement?


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