SCENARIO 17-10 Given Below Are Results from the Regression Analysis 1=
Question 245
Question 245
Short Answer
SCENARIO 17-10 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. The coefficient of partial determination ( Ry2 (All raiables excopt j ) ) of each of the 6 predictors are, respectively, 0.2807 , 0.0386,0.0317,0.0141,0.0958 , and 0.1201 .
Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.70350.49490.403018.486140 ANOVA
Intercept Age Edu Job Yr Married Head Manager Coefficients 32.65951.2915−1.35370.6171−5.2189−14.2978−24.8203 Standard Error 23.183020.35991.17660.59407.60687.647911.6932t Stat 1.40883.5883−1.15041.0389−0.6861−1.8695−2.1226 P-value 0.16830.00110.25820.30640.49740.07040.0414 Lower 95% −14.50670.5592−3.7476−0.5914−20.6950−29.8575−48.6102 Upper 95% 79.82572.02381.04021.825710.25711.2618−1.0303 -Referring to Scenario 17-10 Model 1, what are the numerator and denominator degrees of freedom, respectively, for the test statistic to determine whether there is a significant relationship between the number of weeks a worker is unemployed due to a layoff and the entire set of explanatory variables?
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