Based on a sample of the salaries of professors at a major university,you have performed a multiple linear regression relating salary to years of service and gender.The data included information on the following variables. The estimated multiple linear regression model is Salary = 45 + 3(Years)+ 4(Gender)+ 1(Years)(Gender).
Using the multiple linear regression equation,what would you estimate the average difference in the salaries of a male professor with 3 years of service and a female professor with 3 years of service to be?
A)$3000
B)$4000
C)$5000
D)$7000

Question

Based on a sample of the salaries of professors at a major university,you have performed a multiple linear regression relating salary to years of service and gender.The data included information on the following variables.  The estimated multiple linear regression model is Salary = 45 + 3(Years)+ 4(Gender)+ 1(Years)(Gender).
Using the multiple linear regression equation,what would you estimate the average difference in the salaries of a male professor with 3 years of service and a female professor with 3 years of service to be?
A)$3000 
B)$4000 
C)$5000 
D)$7000

Quizplus · Accepted Answer

The Answer is D

Based on a Sample of the Salaries of Professors at a Major