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 0 for females.
Excel partial outputs corresponding to these models are available and shown below.
Model A: Salary = β0 + β1 Educ + β2 Exper + β3 Train + β4 Gender + ε Model B: Salary = β0 + β1 Educ + β2 Exper + β3 Gender + ε
Which of the following explanatory variables in Model A is most likely to be tested for the individual significance?
A) Educ
B) Exper
C) Train
D) Gender
Correct Answer:
Verified
Q28: The maximum likelihood estimation (MLE)produces estimates for
Q29: Which of the following variables is not
Q30: Consider the model y = β0 +
Q31: Consider the regression equation Q32: A researcher has developed the following regression Q34: To examine the differences between salaries of Q35: A dummy variable can be used to Q35: Quantitative variables assume meaningful _, whereas qualitative Q36: To avoid the dummy variable _, the Q38: To examine the differences between salaries of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents