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, which of the following is a correct statement?
A)On average, a worker who is a year older is estimated to stay jobless shorter by approximately 0.2143 weeks while holding constant the effects of the manager Dummy variable.
B)On average, a worker who is a year older is estimated to stay jobless longer by approximately 0.2143 weeks while holding constant the effects of the manager Dummy variable.
C)On average, a worker who is a year older is estimated to stay jobless shorter by approximately 1.4448 weeks while holding constant the effects of the manager Dummy variable.
D)On average, a worker who is a year older is estimated to stay jobless longer by approximately 1.4448 weeks while holding constant the effects of the manager Dummy variable.

Question

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, which of the following is a correct statement?
A)On average, a worker who is a year older is estimated to stay jobless shorter by approximately 0.2143 weeks while holding constant the effects of the manager Dummy variable. 
B)On average, a worker who is a year older is estimated to stay jobless longer by approximately 0.2143 weeks while holding constant the effects of the manager Dummy variable. 
C)On average, a worker who is a year older is estimated to stay jobless shorter by approximately 1.4448 weeks while holding constant the effects of the manager Dummy variable. 
D)On average, a worker who is a year older is estimated to stay jobless longer by approximately 1.4448 weeks while holding constant the effects of the manager Dummy variable.

Quizplus · Accepted Answer

The Answer of 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, which of the following is a correct statement?
A)On average, a worker who is a year older is estimated to stay jobless shorter by approximately 0.2143 weeks while holding constant the effects of the manager Dummy variable. 
B)On average, a worker who is a year older is estimated to stay jobless longer by approximately 0.2143 weeks while holding constant the effects of the manager Dummy variable. 
C)On average, a worker who is a year older is estimated to stay jobless shorter by approximately 1.4448 weeks while holding constant the effects of the manager Dummy variable. 
D)On average, a worker who is a year older is estimated to stay jobless longer by approximately 1.4448 weeks while holding constant the effects of the manager Dummy variable.

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