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 alternative hypothesis : At least one of for j = 1, 2 implies that the number of weeks a worker is unemployed due to a layoff is related to all of the explanatory variables.

Question

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 alternative hypothesis  : At least one of  for j = 1, 2 implies that the number of weeks a worker is unemployed due to a layoff is related to all of the explanatory variables.

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The Answer of 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 alternative hypothesis  : At least one of  for j = 1, 2 implies that the number of weeks a worker is unemployed due to a layoff is related to all of the explanatory variables.

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