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Instruction 13-16
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.
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:
-Referring to Instruction 13-16 Model 1,which of the six independent variables (Age,Edu,Job Yr,Married,Head and Manager)is (are)insignificant in affecting the dependent variable using a 5% level of significance after taking into account the effect of the remaining independent variables?
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Natural fuels such as coal, oil, and natural gas formed from the decomposed remains of ancient plants and animals, used as a primary energy source.
Tragedy of the Commons
A situation in a shared-resource system where individual users acting independently according to their own self-interest behave contrary to the common good of all users by depleting or spoiling that resource.
Public Goods Dilemma
A situation in which the consumption of a good by one individual does not reduce its availability to others, leading to potential overuse or depletion.
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