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Instruction 13.14
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), the number of years of education received (Edu), the number of years at the previous job (Job Yr), a dummy variable for marital status (Married: 1 = married, 0 = otherwise), a dummy variable for head of household (Head: 1 = yes, 0 = no) and a dummy variable for management position (Manager: 1 = yes, 0 = no). We shall call this Model 1.
Model 1
Regression Statistics
ANOVA
Model 2 is the regression analysis where the dependent variable is Unemploy and the independent variables are Age and Manager. The results of the regression analysis are given below:
Mode 2
Regression Statistics
ANOVA
-Referring to Instruction 13.14 Model 1,predict the number of weeks being unemployed due to a layoff for a worker who is a 30-year-old,has 10 years of education,has 15 years of experience at the previous job,is married,is the head of household and is a manager.
Guilty
A state of having committed a specific or implied offense or crime, leading to feelings of responsibility and remorse.
Anxious
A state of feeling excessive worry, unease, or nervousness, often about an imminent event or something with an uncertain outcome.
Raymond Cattell
A psychologist known for his research in personality, intelligence testing, and the development of the 16 Personality Factors (16PF) questionnaire.
Overextraction of Factors
The analytical error of identifying more factors or components in a data set than are realistically present, often leading to misleading interpretations.
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