SCENARIO 15-6 Given Below Are Results from the Regression Analysis on 40

question 49

Short Answer

SCENARIO 15-6
Given below are results from the regression analysis on 40 observations where the dependent variable is the number of weeks a worker is unemployed due to a layoff (Y)and the independent variables are the age of the worker (X₁),the number of years of education received (X₂),the number of years at the previous job (X₃),a dummy variable for marital status (X₄: 1 = married,0 = otherwise),a dummy variable for head of household (X₅: 1 = yes,0 = no)and a dummy variable for management position (X₆: 1 = yes,0 = no).
The coefficient of multiple determination ( R ²_j )for the regression model using each of the 6 variables X _j as the dependent variable and all other X variables as independent variables are,respectively,
0.2628,0.1240,0.2404,0.3510,0.3342 and 0.0993.
The partial results from best-subset regression are given below:

-Referring to Scenario 15-6,what is the value of the variance inflationary factor of Manager?

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Definitions:

Cystic Fibrosis

A genetic disorder affecting the lungs and digestive system, characterized by thick, sticky mucus that can lead to severe respiratory and gastrointestinal problems.

Carrier

An individual who possesses one copy of a recessive gene for a genetic trait or disease and can pass it to their offspring without showing symptoms themselves.

Dominant

Exhibiting influence or control over others; in genetics, it refers to an allele that expresses its phenotypic effect in the presence of another allele.

Recessive

A term used in genetics to describe a trait or gene that is expressed only when two copies of the gene are present, as opposed to a dominant trait which is expressed when only one copy is present.