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

Question 207

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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:
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 H<sub>0</sub>: \beta <sub>1</sub>= \beta <sub>2</sub>=0implies that the number of weeks a worker is unemployed due to a layoff is not affected by any of the explanatory variables.
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 H<sub>0</sub>: \beta <sub>1</sub>= \beta <sub>2</sub>=0implies that the number of weeks a worker is unemployed due to a layoff is not affected by any of the explanatory variables.
-Referring to Scenario 14-17,the null hypothesis
H0: β\beta 1= β\beta 2=0implies that the number of
weeks a worker is unemployed due to a layoff is not affected by any of the explanatory variables.

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