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Instruction 13.37
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 13.37 Model 1,what are the lower and upper limits of the 95% confidence interval estimate for the effect of a one year increase in education received on the mean number of weeks a worker is unemployed due to a layoff after taking into consideration the effect of all the other independent variables?
Probability Sampling
A sampling technique in which every member of the population has a known, non-zero chance of being selected.
Broader Population
Refers to a larger or more general group of individuals from which samples may be drawn for research or statistical analysis.
Random Number Generator
A tool or algorithm used to produce a sequence of numbers that lacks any predictable pattern, often used in statistical sampling, computer simulations, and cryptography.
Volunteer Sampling
The selection of research participants from a pool of individuals who have expressed a willingness to participate, which may not fully represent the population.
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