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

question 88

True/False

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 ( ), the number of years of education received ( ), the number of years at the previous job ( ), a dummy variable for marital status ( 1 = married, 0 = otherwise), a dummy variable for head of household ( 1 = yes, 0 = no)and a dummy variable for management position ( 1 = yes, 0 = no). The coefficient of multiple determination ( )for the regression model using each of the 6 variables 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, the variable should be dropped to remove collinearity?

---

Definitions:

Epidermis

Found on the skin's surface, this layer serves as a moisture-resistant barrier and sets the skin's tone.

Dermis

The thick layer of living tissue below the epidermis that forms the true skin, containing sweat glands, hair follicles, and other structures.

Blood Clot

Coagulated phase of blood.

Multipolar Neuron

One of three categories of neurons consisting of a neuron cell body, an axon, and two or more dendrites.