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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, what is the value of the Mallow's statistic for the model that includes
?
Unsafe Work
Conditions or practices in the workplace that significantly increase the risk of injury, illness, or death to employees.
Limited Right
A specific legal entitlement or permission that is restricted by terms or conditions.
Firefighter
A trained professional dedicated to extinguishing fires, rescuing people, and preventing fire hazards to save lives and property.
Human Resource Management
The strategic approach to the effective management of an organization's workers so that they help the business gain a competitive advantage.
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