SCENARIO 14-17
Given Below Are Results from the Regression Analysis $\beta$

SCENARIO 14-17
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:


-Referring to Scenario 14-17,the null hypothesis
H₀: $\beta$ ₁= $\beta$ ₂=0implies that the number of
weeks a worker is unemployed due to a layoff is not related to any of the explanatory variables.