Question

To examine the differences between salaries of male and female middle managers of a large bank, 90 individuals were randomly selected, and two models were created with the following variables considered Salary the monthly salary (excluding fringe benefits and bonuses) Educ the number of years of education Exper the number of months of experience Train the number of weeks of training Gender- the gender of an individual; 1 for males, and O for females Excel partial outputs corresponding to these models are available and shown below. Model A. Salary- β + β1 Educ + β2 Exper + β3Train + β4Gender + ε df MS Regression Residual Total 28,045,960.12 13,787,729.88 41,833,690.00 7,011,490.03 43.23 85 89 Coefficients 162,208.59 Standard Error t-stat 12.76 6.98 7.17 0.31 0.32 p-value 1.85E-21 6.07E-10 2.54E-10 0.7543 1.16E-08 4,663.31 140.66 3.36 1.17 615.15 365.37 20.15 0.47 3.72 97.33 Intercept Educ Exper Train Gende

Answer 1

Salary4,713.26+139.5366Educ+ 3.3488Exper+ 609.25Gender