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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 the correct alternative hypothesis to test whether age has any effect on the number of weeks a worker is unemployed due to a layoff while holding constant the effect of the other independent variable? A)    B)    C)    D)
-Referring to Scenario 14-17, which of the following is the correct alternative hypothesis to test whether age has any effect on the number of weeks a worker is unemployed due to a layoff while holding constant the effect of the other independent variable?


Definitions:

Original Investments

Original investments refer to the initial amount of money put into a business or project by its owners or investors.

Net Income

The total earnings of a company after subtracting all expenses and taxes from total revenues, indicating the company's profitability.

Salary Allowances

Pre-determined amounts allocated for specific salary-related expenses, often including tax-exempt benefits.

Original Capital

The initial amount of money invested in a business by its owners or the initial value of an investment.

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