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 When testing the individual significance of Train in Model A,what is the test conclusion at 10% significance level?

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 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

When testing the individual significance of Train in Model A,what is the test conclusion at 10% significance level?

Quizplus · Accepted Answer

The Answer of 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 When testing the individual significance of Train in Model A,what is the test conclusion at 10% significance level? A) Do not reject H₀;Train is significant. B) Reject H₀;Train is significant. C) Reject H₀;Train does not seem to be significant. D) Do not reject H₀;Train does not seem to be significant.

To Examine the Differences Between Salaries of Male and Female