Question: Scenario: You are Interested in whether there are differences in average job satisfaction by union status, controlling for years of service at the firm




Scenario: You are Interested in whether there are differences in average job satisfaction by union status, controlling for years of service at the firm (i.e.: tenure). Job satisfaction is measured on a scale of 1 to in response to the question: "Overall: I am very satisfied with my job." You define union = 1 if employee is member of union; = O otherwise; and tenure is years of tenure at the employer The multivariate regression model for the population is: Job Satisfaction = + Aunion + ,tenure + E. Here are the results of estimating this regression model using software: 2.25 Source Model Residual Iota I Ob_saC unl on tenure can s. 463417 263. sell 7S 269. sosgs Coef. . 0940048 . 0145328 3.721329 266 268 2.73170ss .992094653 1. oos07Ess Nunber of obs ZEE) Rsguared Rsguared Root MSE 2.7S o. oss o. 0203 o. 0129 Std. Err. .12E7sss .00E44E7 .10E76g1 P>lcl 0.466 o. oas 0.000 Conf. .lsgssss . 00183% 3.511109 Interval] .3475735 .0272259 3.931 so
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