TEST YOUR KNOWLEDGE! You are a program manager for a welfare agency. You want to
ID: 3333223 • Letter: T
Question
TEST YOUR KNOWLEDGE! You are a program manager for a welfare agency. You want to consider variables that migh affect the length of unemployment. The table below lists categories of different factors that are hypothesized to be the most important in affecting the length of unemployment. Which are statistically significant? Interpret and write up the results Multiple Regression Output Model R-square AdiustedR SEE 0.66 0.435 0.423 0.092 Dependent variable: Unemployment duration Coefficients Model Constant Receives job training Marital status Medical condition Number of dependents Education Note: SEE-standard error of the estimate. Std. Err. significance Marital status: 1 = married: 0 = not married 0.231 0.010 -0.072 0.013 0.000 0.003 Std. Err. 0.03 0.04 0.017 0.005 0.001 0.003 740 0.000 2.579 0.010 4.125 0.000 2.540 0.012 0.252 0.802 0.834 0.405 standard error, P>Explanation / Answer
Answer with concepts below:
Whichever variables have a p-value less than .05 are significant. Rest others, with p-value more than .05 are insignificant.
Hence, No. of dependents and Education are insigificant and other variables are significant.
From the table these variables are: Receives job training, marital status, Medication conditio which are significant
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