Short Answer
SCENARIO 15-6
Given below are results from the regression analysis on 40 observations where the dependent variable is the number of weeks a worker is unemployed due to a layoff (Y)and the independent variables are the age of the worker (X1),the number of years of education received (X2),the number of years at the previous job (X3),a dummy variable for marital status (X4: 1 = married,0 = otherwise),a dummy variable for head of household (X5: 1 = yes,0 = no)and a dummy variable for management position (X6: 1 = yes,0 = no).
The coefficient of multiple determination ( R 2j )for the regression model using each of the 6 variables X j as the dependent variable and all other X variables as independent variables are,respectively,
0.2628,0.1240,0.2404,0.3510,0.3342 and 0.0993.
The partial results from best-subset regression are given below:
-Referring to Scenario 15-6,what is the value of the variance inflationary factor of Head?
Correct Answer:

Verified
Correct Answer:
Verified
Q50: SCENARIO 15-6<br>Given below are results from the
Q51: SCENARIO 15-5<br>What are the factors that determine
Q52: Collinearity is present when there is a
Q53: The Variance Inflationary Factor (VIF)measures the correlation
Q54: A microeconomist wants to determine how corporate
Q56: SCENARIO 15-6<br>Given below are results from the
Q57: The C<sub>p</sub> statistic is used<br>A)to determine if
Q58: In multiple regression,the _ procedure permits variables
Q59: SCENARIO 15-6<br>Given below are results from the
Q60: The parameter estimates are biased when collinearity