Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

True or false Given below are results from the regression analysis where the dependent variable is the number of weeks a worker is unemployed due

True or false

image text in transcribed
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) and a dummy variable for management position (Manager: 1 = yes, 0= no). The results of the regression analysis are given below. Click the icon to view the results Determine whether the following statement is true or false: We can conclude that, holding constant the effect of the other independent variable, there is a difference in the mean number of weeks a worker is unemployed due to a layon between a worker who is in a management position and one who is not at a 5% level of significance if we use only the information of the 95% confidence interval estimate for the difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is in a management position and one who is not. - X Data table Regression Statistics Mulpie R 0 6391 R Square 0.4085 O Adjusted R Square 0.3765 Standard Error 18.8929 Observations 40 O ANOVA MS F Significance F Regression O 2 9119.0897 4590.3448 12 7740 0 0000 Residual 37 13206.8103 356.9408 Tell 39 22325 9 O Standard Error F Star P-value 02143 11.5708 0.0185 1.4448 0.3160 Manager 4.5717 0.0000 22.5761 11.3484 -1.5893 0.0541

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Mathematical Interest Theory

Authors: Leslie Jane, James Daniel, Federer Vaaler

3rd Edition

147046568X, 978-1470465681

More Books

Students also viewed these Mathematics questions