TABLE 14-17

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 14-17 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

Question

TABLE 14-17

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 14-17 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

Quizplus · Accepted Answer

The 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 is that all the regression coefficients are equal to zero, except for the intercept. In Model 1, the intercept is represented by β₀, and the remaining six coefficients correspond to the independent variables Age, WksUEMP, Female, Married, Minorities, and Mgr. Therefore, the correct null hypothesis is H₀: β₁ = β₂ = β₃ = β₄ = β₅ = β₆ = 0.

TABLE 14-17 Model 2 Is the Regression Analysis Where the Dependent Variable