## A regression is performed to determine the effect of work experience (WorkExp, in years) on the number of weeks it takes unemployed people to find a new job (Weeks). Assume you have 15 years of work experience and are unemployed. What is your expectation regarding how many weeks it will take you maximally to find a new job (with 97.5% probability)?

Question 5 A regression is performed to determine the effect of work experience (WorkExp, in years) on the number of weeks it takes unemployed people to find a new job…