Multiple Choice
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 null hypothesis 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?
A) H₀: β₀ = β₁ = β₂ = β₃ = β₄ = β₅ = β₆ = 0
B) H₀: β₁ = β₂ = β₃ = β₄ = β₅ = β₆ = 0
C) H₀: β₀ = β₁ = β₂ = β₃ = β₄ = β₅ = β₆
D) H₀: β₁ = β₂ = β₃ = β₄ = β₅ = β₆
Correct Answer:

Verified
Correct Answer:
Verified
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