TABLE 13-17
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) , 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.
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 Table 13-17 Model 1, which of the following is the correct alternative hypothesis to test whether age has any effect on the number of weeks a worker is unemployed due to a layoff, while holding constant the effect of all the other independent variables?
A) H₁: β₁ ≠ 0
B) H₁: β₂ ≠ 0
C) H₁: β₃ ≠ 0
D) H₁: β₄ ≠ 0
Correct Answer:
Verified
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