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Q B B P B Y 0 1 2 = + + + Where Q = measure of numbers of workers who have been retrenched.

Q B B P B Y 0 1 2 = + + +

Where Q = measure of numbers of workers who have been retrenched.

P = social economic factor

Y = lack of productivity

Q = 4.17 0.247 P + 0.96Y (0.11) (0.017) (0.026) R 2=0.371 n= 25

a. Interpret the value of 2 (3 marks)

b. Obtain the t-statistics for each of the parameter (4 marks)

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