TABLE 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:
-True or False: Referring to Table 14-17,we can conclude that,holding constant the effect of the other independent variable,there is a difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is in a management position and one who is not at a 5% level of significance if we use only the information of the 95% confidence interval estimate for the difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is in a management position and one who is not.

Question

TABLE 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: 
-True or False: Referring to Table 14-17,we can conclude that,holding constant the effect of the other independent variable,there is a difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is in a management position and one who is not at a 5% level of significance if we use only the information of the 95% confidence interval estimate for the difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is in a management position and one who is not.

Quizplus · Accepted Answer

The Answer of TABLE 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: 
-True or False: Referring to Table 14-17,we can conclude that,holding constant the effect of the other independent variable,there is a difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is in a management position and one who is not at a 5% level of significance if we use only the information of the 95% confidence interval estimate for the difference in the mean number of weeks a worker is unemployed due to a layoff between a worker who is in a management position and one who is not.

TABLE 14-17 Given Below Are Results from the Regression Analysis Where the Where